S&P, Dow fall in choppy trading, Nasdaq flat



The S&P 500 index and the Dow fell in choppy trading on Tuesday, but Apple helped the Nasdaq stay in positive territory.
The markets lost momentum after the International Monetary Fund (IMF) lowered its growth forecast for the U.S. economy to 1.6 percent from 2.2 percent this year.
Ten of the 11 major S&P 500 indexes were down, with the rate-sensitive telecom services .SPLRCL and utilities .SPLRCU taking the biggest hit.
Apple (AAPL.O) rose nearly 1 percent to $113.61 and was the top influence on the three major indexes. The iPhone maker extended the global reach of Apple Pay by... read more

 
4 October 2016 in World News, Views: 34
Source: Reuters
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