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Business Forum Wall Street flat, Apple helps techs to rise at News Forum - NEW YORK - Stocks drifted near the unchanged mark on Thursday as investors postponed big bets before the November employment ...

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Old 12-06-2012, 02:58 PM   #1
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Default Wall Street flat, Apple helps techs to rise

NEW YORK - Stocks drifted near the unchanged mark on Thursday as investors postponed big bets before the November employment report on Friday, but technology stocks rose on gains in Apple and Broadcom. Monthly payroll numbers, to be released by the Labor Department, are expected to show a sharp slowdown in jobs growth because of superstorm Sandy. Broadcom boosted other semiconductor companies a day after it forecast fourth-quarter revenue at the high end of its target range due to slightly better-than-expected sales in its mobile business. Shares rose 1.9 percent to $32.97. ...




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