Thursday, Jun 30, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

U.S. stocks slip after weak factory data, worries over Europe; Apple hits new high

NEW YORK — U.S. stocks are slipping at the close, breaking a four-day rally that pushed indexes near pre-recession highs.

The Dow Jones industrial average was down 40 points at 13,553 Monday. The Standard & Poor's 500 fell nearly five to 1,461. The Nasdaq composite lost five to 3,179.

Stocks are coming off a surge following Federal Reserve plans last week to buy bonds to get people to borrow and spend more. Dampening spirits was an Empire State Manufacturing Survey suggesting conditions for New York manufacturers weakened in September.

Apple rose $8.50 to a new high of $699.78 after announcing blockbuster advance sales for its iPhone 5.

More than two stocks fell for every one that rose on the New York Stock Exchange. Volume was light at 3.2 billion shares.S. stocks are slipping today, threatening to break a four-day rally that pushed indexes close to pre-recession highs.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…