In this Nov. 3, 2017, file photo, the Apple iPhone X sits on display at the new Apple Michigan Avenue store along the Chicago River in Chicago.(AP Photo/Charles Rex Arbogast, File)
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U.S. stocks rose on Monday as oil prices hit $70 per barrel for the first time since November 2014, while those in technology companies rose led by second day of gains for Apple.At 9:50 a.m. EDT the Dow Jones Industrial Average was up 167.53 points, or 0.69 percent, at 24,430.04, the S&P 500 was up 15.01 points, or 0.56 percent, at 2,678.43 and the Nasdaq Composite was up 52.66 points, or 0.73 percent, at 7,262.28 .U.S. corporates have performed strongly in the first quarter, with nearly 80 per cent of the 400 S&P 500 companies that have reported so far topping profit estimates, according to Thomson Reuters I/B/E/S.
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