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Apple, Facebook, Goldman & JPMorgan Gain Despite Slipping Markets

Susannah Lee
9/23/14 12:05 PM EDT
Stocks are continuing to decline after opening lower Tuesday. The S&P 500 and Nasdaq are extending losses for a third day as the conflict in the Middle East intensifies. U.S. airstrikes targeting ISIS in Syria is pushing Treasurys higher. The yield for the 10-year benchmark is dropping as investors look for safe havens. Tech sector leaders, Apple (AAPL) and Facebook (FB) are both gaining almost 1%. But big declines are happening in the healthcare space on the U.S. Treasury's new rules to curb 'tax inversion' deals. The changes will weigh heavily on American companies including Mylan (MYL), which agreed to buy Abbott's (ABT) generic drug business and form a new company in the Netherlands. Abbvie (ABBV), Medtronic (MDT) and Covidien (COV) are all falling. Financial stocks are holding up. Goldman Sachs (GS) and JPMorgan (JPM) are the Dow Components' only gainers in midday trading.
Stock quotes in this video: AAPL, FB, MYL, ABBV, COV, MDT, ABT, GS, JPM, .DJI, .INX, .IXIC

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