Stocks consolidate the morning's gains
After making a fast start, shares have moved into consolidation mode.
Company
NASDAQ:AAPL
Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a variety of related services. The company's product categories include iPhone, Mac, iPad and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS and tvOS. Apple's services include advertising, AppleCare, cloud services, digital content and payment services.
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After making a fast start, shares have moved into consolidation mode.
Bad news from China has increased the chances of further stimulus from the Chinese central bank ... or so the bulls believe.
After the long weekend, US investors have some catching up to do after a strong showing overnight from Chinese markets and a fast start this morning by European markets.
Investments and investor services
Bad news from China has increased the chances of further stimulus from the Chinese central bank ... or so the bulls believe.
"Turnaround Tuesday" saw world stocks rally and on Wall Street, traders were met with a sea of green, rather than the recent red.
It has been a topsy-turvy day, with tech stocks initially the hardest hit as the Dow collapsed by more than a thousand points, but subsequently it has been the glamour stocks of the IT sector leading the fight-back.
Equities fall pretty much across the board after a nightmare showing by Asian markets, with some of the more highly valued glamour stocks in the tech stocks falling hardest.
On what some are calling ‘Black Monday’ the FTSE 100 was hit to the tune of £80bn, suffering its worst day since 2009.
US shares were lower in early deals as stock markets tumbled...
It's looking like a total capitulation by the bulls as fears grow for Asia-Pacific economic growth prospect
Archive
The world's largest tech firm has seen the shares retrench recently. Our market soothsayer looks at where they may eventually be heading. His negative scenario makes interesting reading.
U.S. stocks switched been modest gains and losses in a choppy day of trading as investors digested conflicted U.S. economic data. The S&P 500 (INDEXSP:.INX) added 0.3 percent to 2,100.007 at 3:42 p.m. in New York. The 30-company Dow Jon
Hardware & electrical equipment
Xiaomi occupied the top spot for the period from April to June, with 15.9% of market share according to research firm Canalys, while Huawei was in a very close second spot with 15.7% of the Chinese market.
Hardware & electrical equipment
Apple and others are eyeing Dutch sat-nav maker TomTom, according to market talk