Wall Street edges up in face of Apple decline
NEW YORK (Reuters) – The Dow and S&P 500 advanced on Thursday, with the benchmark S&P index on track for its first seven-day streak of gains in over six years as solid economic data managed to outweigh a steep decline in Apple shares. Apple Inc dropped 10. 4 percent to $460. 69 after the technology giant missed Wall Street’s revenue forecast for a third straight quarter as iPhone sales were poorer than expected, lending credence to recent concerns its days as the dominant player in consumer electronics may be on the wane. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply