Thanks to the folks at Statista for putting these charts together. With the iPhone 5 due to be announced soon, it’s interesting to see that only two of the five previous iPhones caused the stock to appreciate 4-5 days later. Click to enlarge:
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The release of the minutes from the Fed’s last meeting further boosted investor optimism, as many Fed officials reaffirmed that monetary policy must remain restrictive until inflation is on track for the Fed’s two percent target.