Wall Street buoyed by Apple; trade concerns, mixed PMI cap gains [Reuters]
Apple Inc. (AAPL)
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Source: Reuters
Wall Street buoyed by Apple; trade concerns, mixed PMI cap gains (Reuters) - Apple Inc boosted the S&P 500 and the Nasdaq on Monday, even as gains were limited by mixed economic cues in the face of a prolonged U.S.-China trade war. Apple Inc ( AAPL.O Micron Technology Inc ( MU.O Meanwhile, U.S. employment in the services sector shrank for the first time in nine-and-a-half years in September, IHS Markit’s Purchasing Manager’s Index (PMI) showed on Monday. At 50.9, the services sector PMI was below expectations of 51.3. The data also showed manufacturing activity rose in September, topping expectations. Earlier in the day, a survey showed manufacturing recession had deepened in Germany, Europe’s biggest economy. “We had some macro news today, but nothing that would change the sentiment in the market, which is tied to trade,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. Investors have been cautious about progress in Sino-U.S. trade talks after a
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AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 3/27/24 - Form SD
- 3/1/24 - Form 4
- 3/1/24 - Form 4
- AAPL's page on the SEC website