Stocks End Mostly Higher While Apple Continues to Drop (AAPL, VZ)

While the major US indices notched another gain on Wednesday, global stocks faded a bit as many await a possible confrontation with Syria. Apple (AAPL) continued to stumble today after analysts cut the company's ratings. Many doubt that the newly released iPhone 5C and iPhone 5S are cheap enough to really grow market share. IBM (IBM) was up after announcing plans to sell its customer care business to Synnex (SNX) for $505 million.
Earlier today Facebook (FB) rose to a record high, possibly sparked by CEO Sandberg's visit to China. Oil recovered somewhat while the yen dropped near a seven-week low against the dollar and multi-year lows against the euro.

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Published on Sep 11, 2013
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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