Apple bites stock market oapa .comM Indexes down for month
Apple stock slips as market indexes fall for the month amid broad selling. The report notes declines across major indices and suggests cautious trading ahead of the earnings season.
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Sep 26, 2014
Page
5
Apple stock slips as market indexes fall for the month amid broad selling. The report notes declines across major indices and suggests cautious trading ahead of the earnings season.
The Associated Press reports Apple fell nearly 4 percent after delaying a software update that blocked phone calls. The Dow Jones, S&P 500, and Nasdaq all dropped, marking their worst day since July 31. Economists said no searing cause emerged, with mixed economic data and a quiet news cycle.
A 6.2 magnitude earthquake struck near Anchorage at 9:51 a.m., felt across a wide area from Fairbanks to coastal towns. No major damage or injuries were reported. trains were halted for inspection and officials noted scattered items knocked from shelves and minor property disruption.
FBI Director James Comey condemned the firms for encrypting smartphones to elude law enforcement. He said talks are ongoing with Apple and Google and warned the policy could hinder quick access in cases such as child abduction and terrorism, where timely data can save lives.
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