S&P 500 Rises as Apple Gains While European Stocks Fall
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The Standard & Poor’s 500 Index rose for a third day, while European stocks retreated. Apple Inc. climbed in extended trading after posting earnings, while gold advanced and U.S. crude oil reversed losses.
The S&P 500 added 0.9 percent to 1,904.01 by 4 p.m. in New York, while Apple rose 1.1 percent after markets closed. The Dow Jones Industrial Average ended the day up 0.1 percent as a slide in International Business Machines Corp. limited gains. The Stoxx Europe 600 Index lost 0.5 percent. Ten-year U.S. Treasury yields were little changed at 2.19 percent after earlier slipping to as low as 2.16 percent. Gold climbed 0.5 percent. Oil was at $82.71 after earlier sliding 1.5 percent.