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AFTER THE BELL: TSX finishes higher, historic day for Apple

It’s been a rollercoaster of a day on Bay Street.

The threat of the Trump Administration slapping 25-percent tariffs on China initially initially caused the TSX to sink to a four-week low.

But Canada’s main stock exchange rose back into positive territory, led by strong pushes in the materials, tech, and industrials sectors.

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The TSX jumped 30 points higher to finish at 16,406.

Oil traded $1.29 higher today to cap the day at $68.95 a barrel.

Meanwhile, there was a major milestone for Apple today as it hit the $1 trillion mark in market value, becoming the first publicly traded company to accomplish this feat.

In the process, Apple’s shares hit an all-time high as the company’s stock jumped 3-percent to $207.62 US.

Apple’s successes powered the tech-heavy Nasdaq, which moved up 95 points to 7,802.

It was an up-and-down day on Wall Street as the Dow had rallied from earlier trade tariff worries before dropping two points to 25, 331.

Gold had its lowest close in more than a year, down $10 to $1,209 an ounce.

The loonie finished the day down 11/100ths of a cent to finish at 76.78 cents US.

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