NEW YORK -- Apple stock surged to an all-time high Friday on Wall Street, its first in a year, on a reported increase in production of new iPhone models and word of a partial trade deal between the U.S. and China.
The smartphone giant jumped around 3% to $237.64 in intraday trading. It has gained more than 40% since the start of the year, the best performance in the Dow Jones Industrial Average. It closed the day at $236.21
