Stocks and Mutual Funds » Stocks Feel Oil Pressure

Stocks Feel Oil Pressure

Stocks ended the day down on anticipation of stable rates from the Fed and oil under $51 a barrel.

Apple (AAPL) fell more than 6%, closing at $89.07, fully 10%
lower than its high a week ago after announcing the iPhone.

Hewlett-Packard (HPQ), IBM, and Intel (INTC) also fell today, despite increased earnings from IBM, an overall decrease in hardware sales weighed down the tech sector.

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