Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL -0.06% rallied 2.15% to $165.32 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.02% rising 0.93% to 15,225.15 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.38% rising 1.87% to 35,227.03. The stock's rise snapped a three-day losing streak. Apple Inc. closed $4.98 short of its 52-week high ($170.30), which the company achieved on December 1st.
The stock outperformed some of its competitors Monday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +2.85% rose 0.98% to $326.19, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +1.81% rose 0.81% to $2,863.10, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM -1.35% rose 0.90% to $119.91. Trading volume (106.6 M) eclipsed its 50-day average volume of 80.2 M.