Stocks mostly rise; Apple sinks after iPhone news


FILE - In this Sept. 3, 2013, file photo, traders work on the floor at the New York Stock Exchange in New York. Global stocks were mixed Wednesday Sept. 11, 2013 amid optimism about a possible Chinese recovery and concern over a possible U.S. attack on Syria. (AP Photo/Seth Wenig, File)


NEW YORK — Stocks are closing mostly higher as the possibility of an immediate U.S. military strike on Syria seemed to fade.

The Dow Jones industrial average rose 135 points, or 0.9 percent, to 15,326 today.

A big decline in Apple and other tech companies held back the Standard & Poor’s 500 index and the Nasdaq composite. Apple isn’t part of the Dow.

The S&P 500 edged up five points, or 0.3 percent, to 1,689, and the Nasdaq fell four points, or 0.1 percent, to 3,725.

After a tough August, stocks have been rising in September. The S&P 500 index had its seventh straight gain, the longest winning streak since July.

More stocks rose than fell on the New York Stock Exchange. Trading volume was average at 3 billion shares.