NEW YORK--U.S. stocks wavered after Monday's open as Apple shares rose
to new highs on a patent victory.
The Dow Jones Industrial Average edged down six points, or 0.1%, to
13152 shortly after the opening bell, reversing earlier gains. The
Standard & Poor's 500-stock index rose three points, or 0.2%, to 1414
and the Nasdaq Composite Index added 10 points, or 0.3%, to 3080.
Apple climbed 2.4% after it won a patent battle with South Korean
rival Samsung Electronics, in which Samsung was ordered to pay Apple
$1.05 billion. Apple's advance helped put Nasdaq's 100-stock large-cap
index on track for a more than 10-year closing high.
Write to Matt Jarzemsky at Matt.Jarzemsky@dowjones.com
(END) Dow Jones Newswires
August 27, 2012 07:25 ET (11:25 GMT)
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