Stock indexes move mostly higher as Apple hits $1 trillion

Stock indexes move mostly higher as Apple hits $1 trillion

6 years ago
Anonymous $oIHRkISgaL

https://apnews.com/a14e1a2413324036b267267d2ee81390

NEW YORK (AP) — U.S. stocks shook off an early stumble and were mostly higher in midday trading on Wall Street, led by gains in technology companies as Apple reached $1 trillion in value. Energy, industrial and basic materials companies fell after the White House said it will consider even higher tariffs on Chinese imports, escalating a trade conflict between the world's two biggest economic powers. Overseas markets were lower.

KEEPING SCORE: The S&P 500 index rose 6 points, or 0.2 percent, to 2,819 as of 12:10 p.m. Eastern time. The Dow Jones Industrial Average fell 65 points, or 0.3 percent, to 25,268 as companies including Boeing, McDonald's and Goldman Sachs slipped. The Nasdaq composite rose 56 points, or 0.7 percent, to 7,764. The Russell 2000 index of smaller-company stocks added 4 points, or 0.3 percent, to 1,674.