How Apple and Microsoft Dwarf the Rest of the Market

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How Apple and Microsoft Dwarf the Rest of the Market
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Apple and Microsoft helped lift the Dow industrials above 28000 for the first time earlier this month, underscoring how much the two largest U.S. companies influence major stock indexes

Apple Inc. and Microsoft Corp. helped lift the Dow industrials above 28000 for the first time earlier this month, a milestone that underscored how much the two largest U.S. companies influence major stock indexes.

Boosted by optimism about a U.S.-China trade deal and sturdy profit growth, the companies have helped buoy the broader technology sector while they vie for the title of largest U.S. firm. Apple shares have soared 66% this year, pushing it ahead of Microsoft with a $1.16 trillion market value. Revenue growth in Apple’s...

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