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Markets · Investing · Business
Finance
Amazon's 14.9% Jump Lifts the Dow While Apple Drags It Back
Amazon jumped almost 15% while Apple fell 9%. Here's what split the two tech giants and left the major indexes stuck in the middle.
U.S. stocks are drifting slightly higher at midday Friday as two of the market's largest companies move in opposite directions.
The Dow Jones Industrial Average(DJINDICES: ^DJI) is up 0.3% as of 12:14 p.m. ET. The S&P 500(SNPINDEX: ^GSPC) has added 0.2%, on pace for its first winning week in three. The Nasdaq Composite(NASDAQINDEX: ^IXIC) index is also up 0.2%, well off an intraday high near 1.3% reached shortly after the open.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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