(CNBC) The S&P 500 and Nasdaq Composite rose on Thursday as Apple became the first U.S. publicly traded company in history to reach $1 trillion in market value.
The S&P 500 advanced 0.5 percent to 2,827.22, while the tech-heavy Nasdaq jumped 1.2 percent to 7,802.69. The Dow Jones Industrial Average closed just 7.66 points lower at 25,326.16, nearly erasing a 200-point loss.
Apple shares rose 2.9 percent to $207.39 a share, lifting its market cap above the $1 trillion mark. Apple's stock has been on a tear since the company reported stronger-than-forecast quarterly results on
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