While you were sleeping: Apple sours sentiment

Wed, 03 Sep 2014

By Margreet Dietz Sep. 4 (BusinessDesk) - A slide in shares of Apple erased most early gains on Wall Street, offsetting further evidence of accelerating US economic growth and talk that Russia and Ukraine were edging closer to a cease-fire in eastern Ukraine. US economic activity has grown in recent weeks, according to the US Federal Reserve in its latest Beige Book. The Fed’s next two-day policy meeting starts September 16. “Reports from the twelve Federal Reserve Districts indicated that economic activity has expanded since the previ...

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