Apple shares climb 0.7%, registering an intra-day record high of $199.62

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Apple, the worlds most valuable publicly traded company, stock climbed to a record high on Thursday, after the Federal Reserve Wednesday signalled an end to its aggressive rate hike policy and indicated possible rate cuts next year..

The Tech giant's stock climbed 0.7%, rising to an intra-day record high of $199.62, beating the iPhone maker's previous intraday record of $198.23 on July 19..

After closing at a record high on Wednesday, the iPhone makers market value is approaching that of Europes largest stock market: France..

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