NewsBreak: Consumer Stocks, Lululemon, Apple Pull S&PSlightly Higher
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Investing.com – Stocks were up modestly in mid-afternoon trading thanks to strength in consumer stocks and Apple (NASDAQ:AAPL)
- At 2:40 PM ET (18:40 GMT), the S&P 500 was up 0.1%. The Dow industrials had added 0.2%, and the Nasdaq Composite was up 0.1%. The rebound came after an opening slump for U.S. stocks that saw the Dow fall as many as 104 point on U.S.- China trade jitters.
- Athletic apparel maker Lululemon Athletica (NASDAQ:LULU) was a top stock after an upgrade. Rival Nike (NYSE:NKE) also was higher. Apple (NASDAQ:AAPL), up 0.8%, was giving a boost to the Dow and the Nasdaq 100 indexes. Procter&Gamble (NYSE:PG) hit a new high.
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