Thursday, January 2, 2014

Wall Street dips on first trading day of 2014

Trader is reflected in a screen as he works on the floor of the New York Stock exchange in New York Shares of Apple Inc fell 1.3 percent to $555.59, leading a decline in technology stocks, after Wells Fargo cut its rating on the iPad and iPhone maker to "market perform" from "outperform". Apple was the biggest drag on both the S&P 500 and Nasdaq 100 indexes. Among the stocks that fell the most Thursday were those that had enjoyed the best gains in 2013, including Netflix , which was down 1.4 percent at $363.01, and Micron Tech Inc , which was off 0.7 percent at $21.59. Netflix was the biggest gainer of last year with a hefty return of 296.4 percent while Micron Tech skyrocketed 236 percent, according to data by Schaeffer's Investment Research.








via Health News Headlines - Yahoo News http://news.yahoo.com/futures-lower-ahead-claims-manufacturing-data-121351141--sector.html

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