Tuesday 10 September 2013

INQUIRER.net: US stocks rise; Apple falls after launching 2 iPhones

INQUIRER.net
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US stocks rise; Apple falls after launching 2 iPhones
Sep 11th 2013, 00:22

NEW YORK CITY—US stocks rose Tuesday on better Chinese economic data and easing concerns about Syria, despite a fall in Apple shares following the launch of two new iPhones.   The Dow Jones Industrial Average jumped 127.94 (0.85 percent) to 15,191.06.   The broad-based S&P 500 increased 12.28 (0.73 percent) to 1,683.99, while the tech-rich Nasdaq Composite Index put on 22.84 (0.62 percent) at 3,729.02.   Technology icon Apple, the largest US company by market capitalization, suffered one of the biggest declines among large companies, falling 2.3 percent after chief executive Tim Cook and other top officials unveiled two new iPhones.   ...

Keep on reading: US stocks rise; Apple falls after launching 2 iPhones

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