The Straits Times
Published on Nov 27, 2012

Dow, S&P end lower but Apple, Facebook lift Nasdaq


NEW YORK (AFP) - Strong gains by Apple, Facebook and other key tech stocks sent the Nasdaq exchange higher on Monday while the Dow and S&P 500 sagged.

The United States markets were generally feeble on the first session after a slow Thanksgiving holiday week, with the jury still out over how strong the crucial Black Friday holiday sales went for retailers.

The Dow Jones Industrial Average finished down 42.31 points (0.33 per cent) at 12,967.37.

The broad-market S&P 500 lost 2.86 (0.20 per cent) at 1,406.29, while the Nasdaq Composite rose 9.93 (0.33 per cent) to 2,976.78.