For investors trying to decipher if the stock market rebound has staying power, Apple Inc holds a clue. The world’s most valuable company has the biggest influence on the S&P 500 Index and its participation in the market-capitalisation weighted benchmark is essential to any sustainable rally. Apple shares are on pace to beat the S&P for a ninth-consecutive week and have helped fuel a 21% rebound in the tech-heavy Nasdaq 100 from a June low. Apple is a so-called tent-pole stock that dominates investor attention and can help define investment narratives, according to Nicholas Colas, co-founder of research firm DataTrek. In that respect, he said, Apple’s recent performance is “quite heartening
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