Apple Disappoints but Dow and S&P Surge
Despite disappointing revenues and a lower-than-average guidance from Apple the Dow (INDEXDJX:.DJI) and S&P 500 (INDEXSP:.INX) surged up 0.62% to 13864.23 and up 0.37% to 1500 respectively. The Nasdaq (INDEXNASDAQ:.IXIC) declined to 3148.23 down five points.   In economic news the US House of Representatives approved a measure to suspend the debt ceiling for three months eliminating the threat of default for now.   In international news German Chancellor Angela Merkel made remarks about larger structural reforms in Europe and high youth unemployment. Japan posted a record trade deficit in 2012 after demand in Europe slackened and territorial issues ...
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