The German court announced their approval of the new rescue fund, lifting market sentiment.
Shares of Apple Inc. $AAPL closed 1.4% higher after long-awaited release of the iPhone 5. Apple’s iPhone 5 has no surprises, however, it is still a pretty big upgrade. The new smartphone has thinner and lighter body with a larger screen, faster chip and the ability to connect to high-speed LTE networks (4G). The iPhone 5 will launch initially on Sept. 21 at a starting price of $199.
Long $AAPL, $PCLN
