Page 2 of 2 Previous

Continued: Wall Street recovers much of early loss caused by jitters over China plunge, higher US rates

  • Article by: JOSHUA FREED , AP Business Writer
  • Last update: June 24, 2013 - 5:35 PM

Other stocks with big moves included:

— PulteGroup slumped 50 cents, or 2.7 percent, to $18.31. Investors have worried that higher U.S. interest rates will hurt homebuilding companies by making mortgages more expensive.

— Tenet Healthcare rose $1.88, or 4.5 percent, to $43.73 after offering to buy Vanguard Health Systems Inc. for $1.8 billion. The offer of $21 per share pushed Vanguard stock up $8.33, or 67 percent, to $20.70.

— Facebook fell 60 cents, or 2.4 percent, to $23.93. Monday was the first full trading day after Facebook acknowledged it had accidentally exposed contact information for 6 million users to some other users.

— Apple fell $10.96, or 2.7 percent, to $402.50 after an analyst said the company appears to have cut back iPhone production. The company didn't have any immediate comment.

  • related content

  • Specialist Peter Giacchi watches his screens as he works on the floor...

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

 
Close