Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<US>US Bourse Closes Sluggishly; Apple Once Slumps 5%; Pakistan Urges US to Delay Iran Strike by 2 Wks
Recommend 7 Positive 6 Negative 12 |
||||
|
||||
|
As the deadline set by the US for Iran to reopen the Strait of Hormuz approaches, US President Donald Trump threatened to destroy Iran's entire civilization. However, Pakistan, acting as an intermediary, urged the US on Tuesday to delay any escalation of military action against Iran by two weeks. US bourse held steady on Tuesday. The DJIA lost 85 points, or 0.2%, to close at 46,584. The S&P 500 edged up 5 points, or 0.1%, to end at 6,616. The Nasdaq inched up 21 points, or 0.1%, to settle at 22,017. Apple (AAPL.US) reportedly hit impasse of engineering with its first batch of foldable iPhones, potentially delaying shipments. The stock once slumped 5% before clarifying that the product will still be launched as scheduled in September. The stock price saw losses narrow and closed down 2%, leading declines among the Magnificent Seven. Alphabet (GOOG.US) leaped about 2%, while Tesla (TSLA.US) sagged nearly 2%. On the back of expanded AI partnership agreements with Google and Anthropic, Broadcom (AVGO.US) was under market limelight on Tuesday, surging 6% at close to become the best-performing constituent of the Nasdaq 100. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
