Wall Street Soars To New Highs

(New York, NY) -- Stocks are flying high after Apple inked a distribution deal with China Mobile to sell iPhones through the world's biggest network of cell phone users. The Dow Jones Industrial Average flirted with the 16-thousand-300 mark in morning trading. The S&P 500 and Nasdaq were also seeing nice bumps. Apple stock rose 15 points to nearly 564 dollars.