Apple Inc.’s stock rose 0.3% in afternoon trade, putting it on track for the sixth-straight gain. The 11.8% the stock has climbed during that streak, which began after it closed at a four-month low on Feb. 8, would be the biggest six-session percentage gain since it climbed 12.7% in the six sessions ending May 1, 2014. That six-day rally was kicked off by better-than-expected fiscal second-quarter results and after the company boosted its capital return program to $130 billion. The stock’s current bounce coincides with the bounce in the broader stock market. The Dow has rallied 1,426 points, or 6.0%, amid a six-session win streak.
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