strong apple earnings push us stocks higher
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Strong Apple earnings push US stocks higher

Arab Today, arab today

Arab Today, arab today Strong Apple earnings push US stocks higher

Wall Street stocks lower
New York - AFP

Apple's strong earnings helped push US stocks higher in opening trade Tuesday, offsetting the impact of third quarter profit drops from Coca-Cola and McDonald's.
Five minutes into trade, the Dow Jones Industrial Average stood at 16,474.39, up 74.72 points (0.46 percent).
The broad-based S&P 500 jumped 16.02 (0.84 percent) to 1,920.03, while the tech-rich Nasdaq Composite Index gained 48.70 (1.13 percent) to 4,364.77.
Apple, the biggest US company by market capitalization, vaulted 3.1 percent as fourth-quarter profits jumped 13 percent to $8.5 billion on strong iPhone sales.

 

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