Powered by Studio M | 1917 Concourse Dr. San Jose CA 95131

  • News Desk

EARNINGS IN FOCUS AS APPLE WEIGHS; BOEING LIFTS DOW


Quarterly results were the main driver for Wall Street on Wednesday as a decline in Apple shares weighed on the S&P 500 and Nasdaq, while the price-weighted Dow Industrials was buoyed by gains in Boeing. Apple, the world's largest exchange-traded company, fell 2.2 percent after it acknowledged that strong demand for its iPhone 7 Plus caught the company off-guard and it was struggling to keep up. On the other hand, Boeing shares hit their highest level since Dec. 31 after the planemaker reported a jump in quarterly profit despite slower sales. Boeing closed up 4.7 percent at $145.54.

Read more on the story here

#Apple #Boeing #WallStreet

amazon smile for pragnya.png
Our Non- Profit Partners
pragnya_logo.png
RDH_listen_live.png
LOCAL EVENTS
BAY AREA NEWS