BUZZ-U.S. Stocks on the Move-Apple, coal stocks, BlackHawk, Cleco, Swift

Thu Sep 25, 2014 12:48pm EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stocks were sharply lower heading into the midpoint of trading on Thursday, with each of the major indexes falling more than one percent and the S&P dropping through a key support level as Apple shares slumped.

The Dow Jones industrial average was down 1.38 percent at 16,972.38, the S&P 500 was down 1.40 percent at 1,970.28 and the Nasdaq Composite was down 1.75 percent at 4,475.708.

** APPLE INC, $98.6753, -3.02 pct

Apple withdrew a faulty update to its latest operating system after many users of its new phones complained of call service disruptions, the latest in a series of glitches to mar the first week of iPhone 6 and 6 Plus sales.

Apple is the biggest drag to both the Nasdaq and the S&P 500.

** TRAVELPORT WORLDWIDE LTD, $16.85, +5.31 pct   Continued...