Home>Topics>>US STOCKS-S&P up for sixth day but Apple slip could halt rally
US STOCKS-S&P up for sixth day but Apple slip could halt rally
Reuters: Industrials
Wed, 23 Jan 2013
NEW YORK, Jan 23 (Reuters) - The S&P 500 rose for a sixth day on Wednesday after stronger-than-expected profits from IBM and Google but the rally could be halted as Apple's after-hours miss send its shares lower.
Cyclical and economic concerns have hampered the tech sector but are also creating potential buying opportunities in large- and mid-cap names, according to Morningstar's Grady Burkett.