Apple is leading an early advance in technology stocks on Wall Street after beating analysts' estimates for earnings and revenue. Apple jumped 5 percent to $438 in the first few minutes of trading. ... more 
Apple is leading an early advance in technology stocks on Wall Street after beating analysts' estimates for earnings and revenue. Apple jumped 5 percent to $438 in the first few minutes of trading. Apple shipped more iPhones in the latest quarter and said it was planning to introduce new products in the fall. Wall Street was slipping as surprisingly strong economic figures out of Europe and upbeat earnings from Apple could not outweigh earlier concerns over China. In early trading, the Standard & Poor?s 500-share index was 0.2 percent lower and the Dow Jones industrial average fell 0.2 percent, while the Nasdaq composite was 0.1 percent nigher. BlackRock said its head of Asia-Pacific operations, Mark McCombe, spurned an approach regarding the role of CEO at Royal Bank of Scotland and will remain with the world's largest fund-manager. less 
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Wed, Jul 24, 2013 12:00 PM EDT