The same couldn't be said for shares of companies in the group, which were lower across the board. Exxon Mobil (XOM Quote) was off 0.8%, ConocoPhillips (COP Quote) lost 2.6%. BP (BP Quote) ended down 2.9%, and Chevron (CVX Quote) shed 1.2%.
The Amex Oil Index finished lower by 1.6% and the NYSE Energy Index dropped 1.3%. Meanwhile, chip stocks were among the winners of the session, with the Philadelphia Semiconductor Sector Index adding 0.7%. Meanwhile, Sprint (S Quote) fell a day after the big telco said it lost 306,000 subscribers in the quarter ended Dec. 31 and disclosed plans to slash 5,000 jobs. Sprint's shares slid by $2.19, or 11.2%, to $17.45. Shares of Apple (AAPL Quote) soared to record highs after CEO Steve Jobs unveiled an all-in-one phone and iPod device, as well as the Apple TV, during the MacWorld expo in California. Apple finished higher by $7.10, or 8.3%, to $92.57. Other mobile-device makers didn't fare so good. Research In Motion (RIMM Quote) dropped 7.9%, Motorola (MOT Quote) fell 1.8%, and Nokia (NOK Quote) surrendered 1.3%. Elsewhere, GE (GE Quote) is reportedly shopping its plastics division, a unit that could be worth up to $10 billion. A published article said the company has contacted private equity firms about selling the business. Shares of GE finished unchanged at $37.55. Providing further evidence of the harder times that homebuilders are facing, D.R. Horton (DHI Quote) said first-quarter orders dropped 23% from a year ago. Still, the builder said its cancellation rate improved, and the stock added 8 cents, or 0.3%, to $25.47.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.64
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DOWN
104.14
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DOWN
11.32
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DOWN
16.62
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DOWN
0.56
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10 Yr
3.39%
SPDR Gold
110.95
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|
-1.00%
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-1.03%
|
-0.76%
|
-1.62%
|
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