Warren Buffett boosting his stake in Apple Inc. has pundits predicting it is poised to hit $1 trillion in market value.  It now ranks fifth among Chinese companies, at less than half the market values of e-retailing behemoth Alibaba Group Holding Ltd. and e-payment giant Tencent Holdings Ltd. -- which both traded above the equivalent of $500 billion at several points this year.  Apple topped $500 billion for the first time in February 2012. Currently, Amazon.com Inc., Microsoft Corp., Google’s parent Alphabet Inc. and Facebook Inc. are all half-trillion-dollar-plus companies.

Apple Isn't the First Stock to Take a Shot at $1 Trillion

Most Asia markets firmed on Monday  after a tame reading on U.S. wages lessened the risk of faster  rate hikes by the Federal Reserve, although Sino-U.S. trade  tensions and a looming deadline for an Iranian nuclear deal  lurked in the background.  Energy shares were on a roll as oil prices hit their highest  in more than three years amid strains in Venezuela's output and  talk of possible new U.S. sanctions against Iran.  President Donald Trump has set a May 12 deadline for  Europeans to "fix" the deal with Iran over its nuclear program  or he would refuse to extend U.S. sanctions relief for the  oil-producing Islamic Republic.

GLOBAL MARKETS-Asia shares mostly higher, U.S. crude powers past $70

Dow Jones Futures: Stock Market Rally Is At A Key Juncture
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Stock market futures rose overnight. Apple fueled a market rebound last week, but the Dow Jones and S&P 500 are still below their 50-day moving averages.

Stock market futures rose overnight. Apple fueled a market rebound last week, but the Dow Jones and S&P 500 are still below their 50-day moving averages.

Dow Jones Futures: Stock Market Rally Is At A Key Juncture

Since mid-March, Bank of America Corp (NYSE:BAC) has been in a somewhat bearish phase, as the stock has gone from $32.84 to $28.90.  Might rising interest rates have too much of an adverse effect?  In the US, the company is No. 1 in market share for consumer deposits, home equity lending, wealth management (in terms of client assets, deposits and loans) and personal trust assets under management.