Apple falls 3.8%, drags down indexes

Posted: December 15, 2012 at 2:07 a.m.

Trader Neil Catania (left) works Friday on the floor of the New York Stock Exchange, where losing stocks outnumbered gainers.

Apple Inc. shares slumped Friday, helping to drag down the stock market. A lack of progress in federal budget talks also discouraged investors.

This story is only available from our archives.

Business, Pages 28 on 12/15/2012


« Previous Story

West spurns U.N. telecom treaty

Hamadoun Toure, secretary-general of the International Telecommunications Union, (center) answers questions Friday at a news conference in Dubai, United Arab Emirates.

Envoys from nearly 90 nations on Friday signed the first new United Nations telecommunications treaty since th... Read »

Next Story »

Quapaws buy ancestral land near port

A hawk rides the air currents on a clear December day, gliding over flat-roof buildings, hillocks of recyclable metal, a river and a patchwork of graygreen land. Read »