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The Markets Now: Apple Gains on New Product News; Google Drops After Chairman Sells Stock
Stocks edged down Monday as investors await more news from Europe and President Barack Obama's State of the Union speech. The Dow (INDEXDJX:.DJI) fell 15 points to 13977.15 and the S&P 500 (INDEXSP:.INX) moved down 0.04% to 1517.25. The Nasdaq (INDEXNASDAQ:.IXIC) inched down 0.03% to 3192.85. The New York Times and the Wall Street Journal both reported Apple (NASDAQ:AAPL) is working on a new wristwatch device. Its stock rose 1.96% to $484.22. Goldman Sachs (NYSE:GS) named Gregg Lemkau as global co-head of mergers and acquisitions. He previously worked as Goldman Sachs' co-head of technology and media group. Shares moved ...
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