US markets close mixed on Monday; Apple announces iPhone
June 11th, 2008
The US Stock markets closed on a mixed note on Monday. The Dow closed at 12,289.76 points up +9.44 points while the NASDAQ closed marginally in the red at 2,448.94 points and lost 10.52 points. The S&P 500 closed in the red too at 1,358.44 points and lost 3.32 points.
Apple Inc. (AAPL) announced its next generation iPhone. Partnering with many mobile service providers across the globe, the enhancements to its already popular product line are expected to boost its sales. AAPL closed at $185.64 gaining $4.03. Peer Plam Inc. (PALM) last traded at 6.34 down 0.45. Microsoft (MSFT) last traded at 27.89 up 0.18.
Most advancing stocks on the NASDAQ are INX Inc., HireRight, Inc., Cardica, Inc., Republic First Bancorp, Inc. and American Superconductor Corporation
1 U.S. dollar = 107.054919 Japanese yen
1 U.S. dollar = 0.646746863 Euros
Entry Filed under: Global Markets