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Apple won, fed nothing.

That's the score.

It's all you need to know about today's trading,

as Apple briefly regained its title

as the largest company in Earth,

rallying nearly 3% and helping propel the

S&B and NASDAQ to new records, the Dow dipping 35 points, S&B jumped 0.85% NASDAQ

Poveholder 1.53%.

This, despite the fact that the Federal Reserve kept rates

unchanged at high levels and said they're going to stay high

until we get evidence that inflation is more subdued. How did Apple stock and so many other big cap stocks

rally in spite of the Fed? Because events have overrun pretty much everything all at

once. First this morning we got a consumer price index number that was very cool.

...