Apple Jumps as US Stocks Rise in Late Trading

The market overcame early losses Wednesday
By Newser Editors and Wire Services
Posted Jul 27, 2016 3:20 PM CDT
Apple Jumps as US Stocks Rise in Late Trading
Trader John Santiago works on the floor of the New York Stock Exchange on Wednesday.   (Richard Drew)

Stocks turned higher in late-afternoon Wednesday, recovering from an early loss, the AP reports. Technology stocks, including Apple and Facebook, posted solid gains, overcoming weakness in consumer staples makers, including Coca-Cola. Energy companies fell along with the price of crude oil.

The Dow Jones industrial average rose 38 points, or 0.2%, to 18,511. The Standard & Poor's 500 index rose a point, or 0.1%, to 2,170, and the Nasdaq composite rose 37 points, or 0.7%, to 5,147. (More stock market stories.)

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