NewsBreak: Stocks Trim Early Losses; Apple Flat Ahead of Product Event

Sep 10, 2019

Back Stock Market

Stocks were climbing out of an early hole Tuesday afternoon, led by gains in industrial and energy stocks.

The Dow Jones Industrial Average, once down as many as 118 points, briefly moved into the positive, but was basically flat. The S&P 500 was off 0.25% after falling as many as 21 points. The Nasdaq Composite was off 0.25%, after falling as many as 86 points.

Interest rates were higher, with the 10-Year Treasury yield at 1.685%, up from 1.622% on Monday. Oil prices were down slightly.

Tech stocks were mostly lower, although Apple (NASDAQ:AAPL) was up slightly ahead of its event to unveil new iPhone models and other new products. Microsoft (NASDAQ:MSFT) and Adobe Systems (NASDAQ:ADBE) were off more than 1%.

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