While you were sleeping Apple takes a break

Tue, 21 Aug 2012

By Margreet Dietz Aug 22 (BusinessDesk) - Wall Street gave up early gains as a decline in Apple shares weighed on the overall market and the Standard & Poor's 500 Index took a breather from a four-year high. Shares of Apple fell, last 1.3 percent weaker, following yesterday's climb to a record that also lifted the company's market capitalisation to the highest in history. In late afternoon trading in New York, the Dow Jones Industrial Average fell 0.29 percent, the Standard & Poor's 500 Index slipped 0.15 percent, while the Nasdaq Composite...

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