US stocks rise; Apple falls after launching 2 iPhones
NEW YORK (AFP) - US stocks rose on Tuesday on better Chinese economic data and easing concerns about Syria, despite a fall in Apple shares following the launch of two new iPhones.
The Dow Jones Industrial Average jumped 127.94 (0.85 per cent) to 15,191.06.
The broad-based S&P 500 increased 12.28 (0.73 per cent) to 1,683.99, while the tech-rich Nasdaq Composite Index put on 22.84 (0.62 per cent) at 3,729.02.
Technology icon Apple, the largest US company by market capitalization, suffered one of the biggest declines among large companies, falling 2.3 per cent after chief executive Tim Cook and other top officials unveiled two new iPhones.