Apple Hits $600 Billion Market Cap

0 Posted by - April 10, 2012 - Career & Business, Economics, Money, Video Games & Apps

Stocks turned lower Tuesday, extending their recent string of declines, as weakness in overseas markets and the start of earnings season kept investors on edge.

Screen shot 2012 04 10 at 10.36.42 AM Apple Hits $600 Billion Market Cap

The Dow Jones Industrial Average dipped into negative territory, led byAlcoa [AA  9.54  watchlist down Apple Hits $600 Billion Market Cap  -0.06  (-0.62%)] and ExxonMobil [XOM  82.97  watchlist down Apple Hits $600 Billion Market Cap  -0.91  (-1.08%)  ], following four straight sessions of declines.

The S&P 500 and the Nasdaq also turned negative. The CBOE Volatility Index, widely considered the best gauge of fear in the market, edged above 19.

Among the key S&P sectors, utilities slipped, while techs struggled to hold gains.


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