Apple Sinks, But Stocks Close Mostly Higher

NEW YORK (September 11, 2013)--Stocks closed mostly higher Wednesday as the possibility of an immediate U.S. military strike on Syria seemed to fade.

The Dow Jones industrial average rose 135 points, or 0.9 percent, to end at 15,326 Wednesday.

A big decline in Apple and other tech companies held back the Standard & Poor's 500 index and the Nasdaq composite.

Apple isn't part of the Dow.

The S&P 500 edged up five points, or 0.3 percent, to close at 1,689, and the Nasdaq fell four points, or 0.1 percent, to end the day at 3,725.

After a tough August, stocks have been rising in September.

The S&P 500 index had its seventh straight gain, the longest winning streak since July.

More stocks rose than fell on the New York Stock Exchange where volume was average at 3 billion shares.


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