When it comes to stocks, Apple is an influencer and any changes in its stock price will affect US stock indexes. That's what happened on Monday when the Dow Jones Industrial Average surged and the NASDAQ and S&P fell because of Apple, says a report in Forbes. The NASDAQ and S&P both include Apple, and the company's five day decline is dragging the two indexes down. Apple's stock is now sitting at US$580.
Stocks fell a day after the Nasdaq crossed 5,000 for the first time in 15 years, and the S&P 500 climbed to a new high. First, the scoreboard: Dow: 18,203.6, -85, (-0.5%) S&P 500: 2,107.8, -9.6, (-0.5%) Nasdaq: 4,979.7, -28.4, (-0.6... Read Post
By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stock index futures edged lower on Tuesday, after the Dow and S&P marched to new record highs and the Nasdaq topped the 5,000 mark for the first time in 15 years. The Nasdaq notched it... Read Post
After the Dow and S&P 500 hit all-time highs on Monday and the Nasdaq topped 5,000 for the first time since the height of the tech bubble, stocks are sliding. Just before noon on Tuesday, the Dow was down 131 points, the S&P 500 was... Read Post