Apple stock hits all-time high
Investors showed some Valentine’s Day love by taking Apple shares to a record high of $135.09 — while sending the major indexes to similar heights.
Apple, the world’s most valuable company, gave back just 7 cents after creating a new top, closing at $135.02 per share, up 1.3 percent.
The previous high was $134.54 — which it hit in April 2015.
Meanwhile, the Dow Jones industrial average tacked on another 92.25, to close at 20,504. The S&P 500 gained 9.33, to 2,338, and the Nasdaq increased 18.62, to 5,783.
The S&P is up a very healthy 25 percent over the past 12 months.
The continued Trump rally also helped Goldman Sachs, whose stock picked up 1.7 percent on Tuesday, to close at an all-time high of $249.46.
With a promise of peeled-back regulation from President Trump and as many as three rate hikes from the Federal Reserve, Goldman shares have spiked 37 percent since Election Day.
The Trump rally has added 9.3 percent to the S&P in just over three months.
Shares of JPMorgan Chase also achieved a new closing high — at $89.56 — and are up 28 percent since Nov. 8.
Fed Chair Janet Yellen on Tuesday noted that average job gains of 190,000 per month over the second half of 2016 have increased employment by 16 million since its trough in 2010.
The job gains have cut the unemployment rate, which stood at 4.8 percent in January, by more than 5 percentage points since its peak, Yellen said.