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U.S. Stocks Close Mixed Amid Surging Apple Shares
 

U.S. stocks ended mixed on Thursday after the U.S. tech giant Apple topped 1 trillion U.S. dollars in market cap.

The Dow Jones Industrial Average fell 7.66 points, or 0.03 percent, to 25,326.16. The S&P 500 rose 13.86 points, or 0.49 percent, to 2,827.22. The Nasdaq Composite Index increased 95.40 points, or 1.24 percent, to 7,802.69.

Apple shares rose 2.92 percent to close at 207.39 U.S. dollars per piece, lifting its market value above the trillion-dollar mark. Shares of the iPhone maker have soared since it reported stronger-than-expected quarterly earnings on Tuesday after the bell. The stock jumped 5.9 percent on Wednesday.

Tesla shares surged more than 16 percent after its CEO Elon Musk said the company would be profitable in the second half. The company posted great loss for the previous quarter on Wednesday.

Meanwhile, worries about trade tensions lingered, somewhat weighing on the market.

On the economic front, the initial jobless claims, a tracker for layoffs in the United States, was 218,000 in the week ending July 28, an increase of 1,000 from the previous week's unrevised level, the Labor Department said on Thursday.


(www.chinaview.cn 2018-08-03)
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