Apple buoys Nasdaq; Ukraine weighs on broader market


NEW YORK: The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine held the broader market in check.

Shares of Apple Inc, the most valuable U.S. company by market capitalization, jumped 8.2 percent to $567.77, the biggest gain since August, a day after the company posted revenue that far outpaced expectations. Apple also approved another $30 billion stock-buyback plan, raised its dividend and authorized a seven-for-one stock split.

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Nasdaq , DJIA , Wall Street , Apple shares , iPad maker

   

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