Apple, Disney maintain gains despite late Dow selloff

Apple Inc. and Walt Disney Co. held onto their gains on Tuesday despite a late-afternoon selloff in the broader Dow Jones Industrial Average . Shares of Apple closed up 0.6% to $103.74, snapping a five-day losing streak, while those of Walt Disney closed up 0.6% to $95.89. The rest of the Dow 30 companies closed in the red, with the Dow Jones Industrial Average ending down 205 points. Despite Apple’s gains and other positive days for Alibaba Group , ARM Holdings and Netflix Inc. , the two biggest tech-focused ETFs also closed in the red. The Technology Select Sector SPRD Fund closed down 1.1%, while the PowerShares QQQ Trust fell 0.4%.

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From:: Stock Market News

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