S&P 500, Nasdaq fall on Apple’s miss; Dow rises

NEW YORK (Reuters) – The S&P 500 fell for a fourth day and the Nasdaq dropped on Wednesday after a rare earnings stumble from Apple, while strong results from Boeing and Caterpillar lifted the Dow. Apple Inc , the most valuable U.S. company by market capitalization, reported
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Apple blames quarterly miss on new model anticipation, economy

SAN FRANCISCO (Reuters) – Apple Inc's results fell short of Wall Street's expectations as the European economy sagged and consumers held off on buying its flagship iPhone ahead of a new version expected in the fall, hitting its stock price. Shares of the world's m
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