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Dow Jones Industrial Average Hits New Record in Afternoon Trading

The Dow Jones Industrial Average was on the rise Wednesday despite a sharp downturn in healthcare stocks and could close at an all-time high ahead of the Thanksgiving Holiday.

But that's not all you need to know - here's all the important stock market stories to look over for Nov. 23...


Apple Stock Price Gains Are Driven by This Trend, Not Samsung

The recent rise in the Apple stock price does owe something to the exploding Samsung Galaxy Note 7 disaster, but it's nowhere near the whole story.

The AAPL stock price rally began two months before the Galaxy Note 7 problems started to get attention in late August. Apple stock is up 22.7% since June 27.

Here's the real catalyst behind this year's AAPL stock price rally...


Why the Apple Stock Price Is Rising Now

The Apple stock price is rising because investors realized this week that the analysts were wrong about the iPhone 7.

For months they predicted that the iPhone 7 would be a boring upgrade that would fail to revive sales. But as is often the case, Wall Street drastically underestimated the potential of the iPhone 7 and its impact on AAPL stock.

Here's the news that proved the analysts were clueless - and why they're still underestimating its impact...