BUZZ-U.S. Stocks on the Move-Apple, Skechers, KB Home, Tidewater, Gulfmark

Thu Sep 25, 2014 2:07pm 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 in afternoon trading on Thursday, with each of the major indexes falling more than one percent as Apple shares slumped.

The Dow Jones industrial average was down 1.47 percent at 16,957.42, the S&P 500 was down 1.52 percent at 1,968 and the Nasdaq Composite was down 1.85 percent at 4,470.767.

** APPLE INC, $98.5, -3.19 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, $16.83, +5.19 pct   Continued...