Wall Street Sees Late Buying Burst

Dow ends day up 73
By Newser Editors and Wire Services
Posted Sep 10, 2019 3:21 PM CDT
In this Tuesday, Aug. 13, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – A late burst of buying left stocks mostly higher on Wall Street after indexes spent much of the day lower, the AP reports. Apple rose 1.2% Tuesday after announcing a new slate of iPhones and other products. Apple also announced a $5 a month video service, which would be cheaper than rival offerings. Netflix and Disney each fell 2.2%. The S&P 500 edged up just under 1 point to 2,979. The Dow Jones Industrial Average rose 73 points, or 0.3%, to 26,909. The Nasdaq fell 3 points, less than 0.1%, to 8,084. Small-company stocks rose much more than the rest of the market. The Russell 2000 index climbed 18 points, or 1.2%, to 1,542. Bond prices fell sharply, sending yields higher. The yield on the 10-year Treasury rose to 1.73%. (Read more stock market stories.)

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