Dow Jones News: More Bad China News for Apple; Walgreens Down as CVS Sued
The Dow Jones Industrial Average (DJINDICES: ^DJI) had gained 0.2% by 2:15 p.m. EST Tuesday, running up the score as the year comes to an end. The Dow is up a little more than 21% so far this year.
Shares of Apple (NASDAQ: AAPL) managed to rise on Tuesday despite more negative sales data out of China. Meanwhile, Walgreens Boots Alliance (NASDAQ: WBA) stock was down after CVS Health (NYSE: CVS) was sued for its billing practices.
Some bad news for Apple emerged last week when Credit Suisse said that iPhone sales in China had tumbled 35.4% in November, despite slight growth for the regional smartphone market. That decline followed a 10.3% slump in October.
Source Fool.com
