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25 Feb 2015
Wall Street mixed; Dow at new highs; Apple ordered to pay
FXStreet (San Francisco) - The US stocks market closed mixed on Wednesday as investors welcomed Yellen testimony that signaled that there will be no hike in June from a data dependent Fed. However, Apple $AAPL drove down major averages since the iPhone maker posted 2.5% declined.
Apple $AAPL will have to pay $532.9 million to Smartflash after a federal jury found that Apple infringed patents on iTunes software.
Most sectors finished Wednesday up for the day. The Consumer Discretionary sector rose 0.54%, followed by Energy shares (+0.52%, and Health Care (+0.21%). To the downside, Utilities sector declines 0.94%, followed by Staples (-0.29%) and Telecomm (-0.20%).
The Dow Jones advanced 0.08% to close at record high of 18,224.57; the S&P 500 declined 0.08% to 2,113.86; while the Nasdaq Composite lost 0.02% to 4,967.14. Small caps in the figure of Russell 2000 advanced 0.09% to 1,235.10.
Among big caps, losers of the day were Hewlett-Packard $HPQ (-9.92%), Apple $AAPL (-2.56%), and Wal-Mart $WMT (-1.18%). To the upside, winners were Royal Bank of Canada $RY (+4.24%), General Electric $GE (+2.05), and Alibaba $BABA +1.77%.
Apple $AAPL will have to pay $532.9 million to Smartflash after a federal jury found that Apple infringed patents on iTunes software.
Most sectors finished Wednesday up for the day. The Consumer Discretionary sector rose 0.54%, followed by Energy shares (+0.52%, and Health Care (+0.21%). To the downside, Utilities sector declines 0.94%, followed by Staples (-0.29%) and Telecomm (-0.20%).
The Dow Jones advanced 0.08% to close at record high of 18,224.57; the S&P 500 declined 0.08% to 2,113.86; while the Nasdaq Composite lost 0.02% to 4,967.14. Small caps in the figure of Russell 2000 advanced 0.09% to 1,235.10.
Among big caps, losers of the day were Hewlett-Packard $HPQ (-9.92%), Apple $AAPL (-2.56%), and Wal-Mart $WMT (-1.18%). To the upside, winners were Royal Bank of Canada $RY (+4.24%), General Electric $GE (+2.05), and Alibaba $BABA +1.77%.