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Wall Street gains as Apple scales new peak on iPhone 5

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NEW YORK (Reuters) – Stocks rose on Friday as Apple unveiled its latest iPhone worldwide, driving its shares up to a new peak, and Spain appeared to move closer to an anticipated bailout package. Apple Inc climbed 0. 9 percent to $704. 78, after earlier hitting an all-time high of $705. 07. The iPhone 5 hit stores around the world, giving the world’s most valuable company a boost ahead of the crucial end-of-year holiday season. . . .

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