US stocks slide as Apple hits new high in wary market
US shares slipped further after a four day rally as signs of a slowing economy and Europe’s currency worries weighed on the market. The Dow fell 40.27 to 13,553.10, S&P 500 down 4.58, Nasdaq off 5.28 amid declines in materials and financials. Apple rose 8.50 to 699.78 after upbeat iPhone 5 demand reports.
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Oil plunges over $4 as market churns with rumors
New York oil prices tumbled sharply Monday afternoon with benchmarks down 2.4 percent to settle at 96.62 per barrel after trading below 95. Traders questioned a rumor of Strategic Petroleum Reserve releases while CME Group cited no technical glitches. The White House weighs tapping the Reserve amid reports of a larger draw than last year.
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Grain futures slide on Chicago Board of Trade
Grain futures drifted lower Monday on the Chicago Board of Trade with wheat for December delivery dropping 46.25 cents to 8.78 a bushel as December corn also declined.
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Closing Stocks and Market Leaders on New York Prices
Monday trading shows EMCCp 135687 at 2790 with notable activity in Exelon ExxonMobil Ford Motor and other giants. Key values listed include Berkshire entities, banks, techs, and energy firms with highs lows and close marks across ExxonMobil Ford and JPMorgan among many others.
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