US stock market closes mostly lower


September 4, 2014 12:16AM (UTC)

The U.S. stock market is closing mostly lower, pulled down by a fall in Apple and other technology companies.

The Standard & Poor's 500 lost one point, or 0.1 percent, to close at 2,000 Wednesday. The tech-dominated Nasdaq slid 25 points, or 0.6 percent, to 4,572.

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The Dow Jones industrial average edged up 10 points, or 0.1 percent, to 17,078.

Apple fell 4.2 percent after rival Samsung unveiled two smartphones at a trade show in Berlin. The unveiling comes less than a week before Apple is expected to reveal products.


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