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tdp2664 InvestorPlace Political, economic and foreign crosscurrents resulted in a lower opening yesterday. But much like Monday, buyers arrived in enough strength to take back a significant portion of the early losses. Greece's debt-reduction talks with its creditors were the main reason for the early weakness, but buyers snapped up some bargains in the technology sector. At the close, the Dow Jones Industrial Average was off 33 points to 12,675, the S&P 500 fell just over 1 point to 1,315, and the Nasdaq rose 2 points to 2,787. The NYSE traded 741 million shares and the Nasdaq crossed 443 million. Breadth was slightly positive on both exchanges with advancers ahead of decliners by 1.2-to-1 on the Big Board and 1.5-to-1 on the Nasdaq. After the closing bell, Apple (NASDAQ: AAPL ) blew the cover off the ball by announcing that they had sold 37 million iPhones in the December quarter while analysts had predicted that 30 million would be sold. The enormous sales gains resulted in their "best quarter ever," according to Apple's CEO.
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