Another Mixed Session

Friday’s session ended with mixed moves. The Dow and S&P 500 shed some points. The Nasdaq posted slight gains. Coca-Cola, Cisco, and Alcoa led the Dow’s descent. Early momentum dissipated toward the end of the session. On another note, Apple stepped up. The company hit a new intraday high of $705.07 amid brisk, first-day sales of the iPhone 5. Additionally, Deutsche Bank boosted Apple’s price target to $850 from $775. In other news, crude oil futures added 47 cents to settle at $92.89 a barrel.

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