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Sep 29, 2016

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Market Analysis

Home » Latest News » SP500 Pares Early Losses, Apple Upgrade Bulldozes Losers

SP500 Pares Early Losses, Apple Upgrade Bulldozes Losers

Posted by Option_Banque in Latest News - September 14th, 2016 6:06 pm GMT

The S&P 500 index traded higher on Wednesday despite the slump in oil prices. Out of ten sectors making up the index, the energy sector was the only one that drifted lower while the materials sector was almost unchanged compared to the market open.

Apple shares soared more than 4% on the session, leading the Information Technology sector to advance the most (at 1.16%). Other main sectors barring Energy and Materials were trading in positive territory, rising by under 1%.

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