Advertisement
YOU ARE HERE: LAT HomeCollectionsApple

Stocks turn negative in post-Sandy trading; Apple drops 2%

October 31, 2012|By Andrew Tangel
  • New York City Mayor Michael Bloomberg, center, gives a thumbs-up after ringing the opening bell at the New York Stock Exchange.
New York City Mayor Michael Bloomberg, center, gives a thumbs-up after… (Seth Wenig / Associated…)

After rising on the opening bell Wednesday, stocks turned negative midway through the first trading session since Hurricane Sandy closed financial markets for two days.

The Dow Jones industrial average was down 27 points, or 0.2%, to 13,081 about three hours after the opening bell.

The Standard & Poor's 500 index lost four points, or 0.3%, to 1,408.

The Nasdaq lost 17 points, or 0.6%, to 2,971.

Tech giant Apple shares slid in the first day of trading following a management shake-up. Apple shares lost $10.92, or 2%, to $593.08.

ALSO:

American Apparel offers "Sandy Sale" for hard-hit states

Airline cancellations from super storm Sandy extend to Thursday

National Weather Service East Coast websites in limited operation

Advertisement
Los Angeles Times Articles
|
|
|