Stocks open mixed; Apple sinks after iPhone news

AP News
Posted: Sep 11, 2013 9:50 AM
Stocks open mixed; Apple sinks after iPhone news

NEW YORK (AP) — Stocks are opening mixed on Wall Street, threatening to end the market's longest winning streak since July.

The Standard & Poor's 500 index was down a point, or 0.1 percent, to 1,683 in early trading Wednesday. The S&P 500 has risen for six days in a row.

The Dow Jones industrial average rose 25 points, or 0.2 percent, to 15,216 points.

The Nasdaq composite fell 10 points, or 0.3 percent, to 3,718 points.

A loss in Apple weighed on the S&P and the Nasdaq. Apple fell $22, or 4 percent, to $472 a day after the company announced two new iPhones.

Traders on the floor of the New York Stock Exchange observed a moment of silence shortly before trading began on the 12th anniversary of the Sept. 11 terrorist attacks.