News Summary: Stocks shake off slide, close higher
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Source: Business News
Originally published: May 15, 2013 - 2:28 pm
Originally published: May 15, 2013 - 2:28 pm
(AP) - GOOGLE THIS: Google's stock topped $900 as the tech giant unveiled a music streaming service and a new Google Maps. Google's stock is up 50 percent over the past year.
APPLE: Apple's stock took a sudden turn lower after reports said that a hedge fund run by the billionaire David Tepper slashed its holdings in the tech company.
FINAL SCORE: The Dow Jones industrial average rose 60.44 points to close at 15,275.69, an increase of 0.4 percent. The Standard & Poor's 500 index gained 8.44 points to 1,658.78, up 0.4 percent. Both indexes are at all-time highs.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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