A rally in Boeing's shares helped the Dow reverse course in the early afternoon session on Wednesday, while Apple continued to weigh on the Nasdaq and the S&P 500.
The rout in U.S. stocks continued for the fourth straight day on Friday, with all three major indices down more than 1 %, as fears of a China-led global slowdown were heightened after grim data overnight.
Leo Melamed speaks during his November European Tour, says technological advances have materially speeded things up and HFT represents one more evolutionary step.
Apple Inc. said customers in China can now use the country’s most popular payment card for transactions on the App Store, as the iPhone maker seeks to woo users in the world’s largest smartphone market.
Apple plunged 2.9 percent to send technology stocks in the Standard & Poor’s 500 Index to the biggest plunge since April. Biogen Idec Inc. and TripAdvisor Inc. lost at least 3.3 percent as investors sold some of the bull market’s biggest winners.