Dow Jones Edges Lower as Apple Stock Sinks on China Gaming App Crackdown, Disney Stock Rises on Streaming Price Hike
The Dow Jones Industrial Average (DJINDICES: ^DJI) was down about 0.1% at 11:45 a.m. EST Thursday, a small move to end what has been an eventful year for the stock market. The Dow crashed below 20,000 in March as the COVID-19 pandemic reached the U.S. and led to widespread stay-at-home orders. The pandemic was never brought under control, but that didn't stop the Dow from eventually carving out new all-time highs later in the year. The Dow will end 2020 up more than 6% if nothing changes by the end of the day.
Turning to individual stocks, shares of Apple (NASDAQ: AAPL) were down a bit after the company removed thousands of paid game apps from its China App Store. Meanwhile, Disney (NYSE: DIS) stock rose after the company reportedly plans a price increase for its ESPN+ streaming service.
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Source Fool.com
