Stocks News
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Asian stocks fell, erasing most of yesterday’s gains, after Moody’s Investors Service cut credit ratings of six European countries, reigniting concern the region may not contain its debt crisis.
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Shares of Apple Inc. rallied above $500 for the first time after a two-week gain spurred by the iPhone maker’s first-quarter earnings report approached 20 percent.
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Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 6:04 p.m. in New York.
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U.S. stocks rose, after the first weekly loss for the Standard & Poor’s 500 Index in 2012, as Greece approved austerity plans to secure rescue funds.
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