Apple's Stock Was the Dow's Biggest Winner This Week - For the First Time Since November
Apple shares bucked the broader market's weekly selloff. Apple Inc.'s weekly stock gain wasn't too much to write home about in the absolute, but it was good enough to be the largest in the Dow Jones Industrial Average during a down period for the broader market amid geopolitical and interest-rate concerns.Shares of Apple climbed 4.1% on the week to beat out Nike Inc., the next-biggest gainer in the Dow DJIA with a 3.6% rally. Beyond those two stocks, no others saw weekly increases upwards of 1%, while the Dow on the whole fell 2.4% to record its biggest weekly percentage decline since March 2023.Don't miss: The bar is finally low enough for Nike, one analyst says. These big events could help the stock this year.Apple's placement atop the weekly Dow leaderboard is notable as the stock hadn't been the index's top such gainer since Nov. 10, 2023, when it closed out the week up 5.5%, according to Dow Jones Market Data.The feat is also significant as Apple shares have faced negative sentim