Seeking Alpha

Stocks mostly higher, but techs drag on Apple concerns

  • Stocks finished mostly higher, with the S&P 500 racking up a seventh straight gain, but the Nasdaq fell amid Apple's sharp slide.
  • Syria worries have receded into the background, and next week's FOMC policy meeting is now first on investors' radar.
  • The tech sector trailed, with Apple -5.4% on analyst worries that its new lower-priced iPhone isn't cheap enough to win many buyers in emerging markets.
  • Oil prices rose 0.2% to $107.56 after two days of declines, gold fell $0.20 to $1,363.80; Treasurys rallied after a strong auction, with the 10-year yield slipping to 2.92%.
Comments (1)
  • Cboe_1600
    , contributor
    Comment (1) | Send Message
     
    I'm a working stiff, growing a money tree.
    11 Sep 2013, 10:26 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs