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S&P 500 Gains and Losses Today: Paramount Surges Amid Deal Buzz, Apple Rises as iPhone 17 Goes on Sale

1. Apple shares rose 3.2% as iPhone 17 launched globally. 2. Strong demand for iPhone 17 Pro models noted by analysts. 3. JPMorgan raised AAPL's price target following strong demand signals. 4. U.S. equities continued rally after interest rate cuts. 5. Other tech stocks faced pressures from potential visa fee changes.

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FAQ

Why Bullish?

Apple's stock gain aligns with strong product demand, similar to previous iPhone launches.

How important is it?

iPhone 17 sales success directly illustrates Apple's market strength, affecting investor sentiment significantly.

Why Short Term?

Initial sales and demand data could positively impact AAPL's price in the coming weeks.

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