After the unexpected report of Apple, US markets fell flat on Wednesday
After technology giant Apple released a quarterly report that exceeded expectations, U. S. markets fell flat Wednesday.
Revenues rose to $13.5 billion, up from $9.07 billion in the same quarter a year earlier, Apple said. It was further said by Apple that in the fiscal quarter ending March 27, net profit rose to $3.07 billion or $3.33 per share, up from $1.79 per share in the same period a year ago.
By close, the Dow Jones industrial average had gained 7.86 points, or 0.07 percent, to 11,124.92. The Standard & Poor's 500 index lost 1.23 -- 0.1 percent -- to 1,205.94. The Nasdaq composite index gained 4.30, or 0.17 percent, to 2,504.61.
1,759 stocks advanced and 1,334 declined on a volume of 5.7 billion shares traded, on the New York Stock Exchange.
The benchmark, 10-year treasury note rose 14/32 to yield 3.743 percent.
From Tuesday's $1.3443, the euro fell to $1.339. The dollar, against the yen, fell to 93.14 yen from Tuesday's 93.15 yen. (With Inputs from Agencies)