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Stocks at Session Highs as Apple and Crude Oil Jump

Stocks began the week with a rally, climbing to session highs by Monday afternoon as Apple (AAPL) jumped and crude oil hit a six-month high.

The S&P 500 was up 1.1%, the Dow Jones Industrial Average added 1.2%, and the Nasdaq gained 1.4%.

Warren Buffett's Berkshire Hathaway (BRK.A) disclosed a stake in Apple worth nearly $900 million on Monday morning. Berkshire held 9.81 million Apple shares as of March 31, a holding worth $1.07 billion at the time.

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Apple rose 4%, on track for the best one-day gain in six weeks. Shares had been under pressure following Apple's first quarterly sales decline in more than a decade. The company briefly lost the title of world's largest company to Alphabet (GOOGL) last week.

"While one fund's investment -- Berkshire or otherwise -- should never be used as...