Apple Inc (APPL) is up +8.19% to $111.12 on the three-months by April 4 amid recent government investigation to unlock encrypted data from a customer’s iPhone. Half a million units of the new iPhone SE are already marketed. Wal-Mart is offering the phone for $299.
Cisco Systems Inc (CSCO) gained +7.04% to $28.14 competing with other technologies companies like Arista Networks Inc (ANET) and Broadcom Ltd (AVGO). Cisco’s latest data operating system is the best addition to its high-end routers aimed at control scaling.
Microsoft Corp’s (MSFT) shares climbed a mere +0.69% to $55.43 on the three-months by April 4 with the company becoming more of a growth than value-added business.
The S&P 500 rounded a positive first quarter, up little less than 1%, after stocks rallied in late March to compensate some January and February losses. In country-specific news, the U.S. gross domestic product (GDP) grew at a revised 0.7% in the fourth quarter, and the U.K.’s GDP last rose 0.6%. Chinese state officials estimated annual growth between 7% and 6.5%.