Iphone sales were steady even as they anticipate a new iphone this fall and a revival in ipads. there was some indication that ipads were dead. ipad shipments increased rising 15% to mainly schools and businesses and any move is going to end up moving the entire market. it s in the dow, in the nasdaq and the s&p 500. so we could see apple s rise, that could push the dow over the 22,000 mark today. amazon may have violated u.s. sanctions on iran. the company disclosed it s under investigation for selling tens of thousands of dollars in products to an iranian embassy. this has been happening since 2012. it also sold to individuals with ties to the iranian government. that may have violated 2012 sanctions placed on iran.
12-10 in what might be the game of the year and the play of the year as well. i don t know how they do it. let s get a check on moneystream this morning. stocks are mixed after the dow hit its fifth straight record close. that s its 31st this year and puts it 30 points away from the next milestone, 22,000. the nasdaq and the s&p 500 also closed higher as well. you look at all the majors they are coming off their strongest month since february. investors shrugging off the turmoil we re seeing in washington. you can give all the credit to big corporate profits. earning season well underway for the second quarter and companies so far have beat expectations. apple shares surging 6% overnight to an all time high after delivering surprisingly strong earnings. the june quarter is usually the weakest but profits rose.
Chris, thank you for the truly reminder. 22,000, never before seen dow territory. will we see it today? give us a sense what s going on before the opening bell. good morning, so the turmoil in washington not affecting stocks, seeing the dow come off a really strong month in july. another record high, 30thth year, that streak could continue today. could see the dow hit that milestone of 22,000. in fact all of the major indexes have a great month of july. dow is and p up credit strong orp rat earnings. beating expectations in the second quarter as the first. expected 11% rise in the second quarter after a 15% rise in the first. on the radar today, apple. apple reporting after the bell this is the most valuable company in the world.
Wind up being very low. let s get a check on cnn money stream this morning. global markets are higher this morning after the dow hit yet another record high. we did see the nasdaq andipeis fall after a and s&p fall after facebook, google, alphabet, as well, dropped. you look at the three major indices, they closed the month with the best gains we ve seen since february. strong earnings, that is what is keeping stocks close to their records. in fact, you look at the s&p 500, profits are expected to rise 11% for the second quarter. that will mean 2017 had the best two consecutive quarters in six years because there was a 15% return in the first quarter. huge. more earnings today. apple, the most valuable company in the world, it is reporting. we re going to keep an eye on that. tesla stock dropping 3.5% after founder elon musk is warning about manufacturing hell. the electronic electric carmaker is ramping up production of its new mass-market car, the model 3.
When i will speak with kentucky s secretary of state. 3:00 p.m. eastern time on msnbc. coming up next, president trump is calling on china to rein in north korea but north korea s military equipment looks suspiciously chinese. can beijing be trusted in this standoff? we are watching the markets. they opened strong after the fourth of july holiday. the dow hit an all-time high monday, the start of the second half of the year. i know if the pain comes, i m not gonna get my job done. pain s kind of self-defining. when it hurts, it hurts. when i can t do something, it makes me feel isolated. with aleve, you can stay strong longer because only aleve has the strength to stop tough pain for up to 12 hours with just one pill. tylenol can t do that. i get to be present and enjoy what i love. this is my pain. but i am stronger.