NEW YORK (AP) ? Stocks are ending mixed on Wall Street as investors wait for more earnings reports to come in. Apple dropped on concern that demand for the iPhone 5 is waning.
The Dow Jones industrial average closed up 19 points at 13,507 Monday. It fell as much as 29 points at the start of the day.
The Standard & Poor's 500 lost a point to end at 1,470. The Nasdaq composite index fell eight points to 3,117.
The S&P and Nasdaq were dragged down by Apple, the biggest component of both indexes. Apple fell 4 percent following a report that the company has cut its orders for iPhone 5 components due to weak demand.
Falling stocks outnumbered rising ones on the New York Stock Exchange. Volume was light at 2.9 billion shares.
Source: http://news.yahoo.com/stocks-end-mixed-wall-street-apple-slides-210648686--finance.html
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