Apple Inc.Apple fell about 2%, making it the biggest drag on the S&P 500, but no specific cause given.
In New York markets on the 20th, the three major indices fell for a second day, the dollar edged higher, and Treasury yields rose. Regarding the Iran situation, Yemen's pro-Iran Houthi armed group declared an immediate maritime blockade against Saudi Arabia, while a senior Iranian official disclosed that Iran had received a 10-day ceasefire proposal from a mediating country aimed at easing US-Iran combat tensions, leaving the market buffeted by conflicting cues. The dollar index against major currencies rose 0.18 percent to 100.92, dollar-yen added 0.03 percent to 162.42 yen, and sterling-dollar slipped 0.12 percent to 1.3437 dollars. Treasury yields climbed as the market assessed whether the rise in crude oil prices from the exchange of attacks between the US and Iran would feed through to consumer prices. The two-year yield rose 4.49 basis points to 4.217 percent, and the 10-year yield rose 5.68 basis points to 4.598 percent. In equities, the tech-heavy Nasdaq Composite's decline was modest, and the Philadelphia Semiconductor Index gained 0.6 percent. Among individual stocks, Apple fell about 2 percent, making it the biggest drag on the S&P 500, while Microsoft was the biggest positive contributor. Gold futures edged lower amid rising energy prices and uncertainty over the interest rate outlook, while US WTI futures rose more than 1 percent to settle at 83.23 dollars.
Apple Inc.Apple fell about 2%, making it the biggest drag on the S&P 500, but no specific cause given.
Microsoft CorporationMicrosoft was the biggest positive contributor, but no specific cause given.