While you were sleeping: Apple bites into sentiment

Thu, 12 May 2016

By Margreet Dietz May 13 (BusinessDesk) - Wall Street was mixed as a slide in Apple shares amid concern that the company is preparing for slower sales of its iconic iPhone offset gains in Nike and Microsoft. In 2.40pm New York trading, the Dow Jones Industrial Average added 0.2 percent. The Nasdaq Composite Index fell 0.4 percent. In 2.25pm trading, the Standard & Poor’s 500 Index gained 0.1 percent. The Dow advanced as gains in shares of Nike and those of Microsoft, recently trading 2.1 percent and 1.2 percent stronger respectively, o...

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