Tim Cook´s announcement leads to Apple share price surge

Apple (Nasdaq: AAPL) shares rose 2% Monday after CEO Tim Cook signaled that an autonomous car might be in the pipeline. Strong labor market data pushed the S&P 500 and Dow to new all-time highs. Apple's share price more than doubled in a year. The otherwise reticent Cook dropped hints in an interview about the company's rumored plans for an autonomous car, just like the company he runs.  "Autonomy itself is a core technology in my opinion. If you take a step back, the car is a robot in many ways. An autonomous car is a robot. So there are a lot of things you can do with autonomy. And us will see what Apple does, "he said in an interview with Kara Swisher on the" Sway "podcast released on Monday. When asked if Apple is working on such a car or technology in it, Cook declined to comment. “We love to integrate hardware, software, and services and find the intersections between them because we think that's where the magic lies. And that's what we love to do. And we love to have the primary technology that is associated with it, "he said. An autonomous car is seen as the next big thing out of the Apple stable, known less for being the first in its segment and more for being the best in its class. The U.S. Department of Labor said Friday that non-farm jobs rose 916,000 last month, the largest increase since August last year. That was well above the economists 'median forecast of 647,000 and closer to the markets' whispering figure of 1 million, according to Reuters. The February data has also been revised to show that 468,000 jobs were created, up from the previously reported 379,000. An ISM poll for March also added to the optimism, which, according to Reuters, showed a measure of US service industry activity jumped to a record high.