Relative Strength Seen In Apple

Shares of Apple

are higher on Monday despite a broad market sell-off which has sent the S&P down around 1.46%. The stock was trading 0.42% higher to $406.77 at last check and had traded as high as $409.99 earlier in the day. The outperformance of Apple is helping the broader Nasdaq, although the index is still down 1.12%.