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Wall St up despite Apple shares fall

Thursday, January 24 16:03:59

U.S. stocks advanced today, as the S and P shrugged off a 10 percent decline in Apple to climb above 1,500 for the first time since Dec. 12, 2007, on positive economic news.

The Dow Jones industrial average gained 77.37 points, or 0.56 percent, to 13,856.70. The Standard and Poor's 500 Index rose 5.61 points, or 0.38 percent, to 1,500.42. The Nasdaq Composite Index dropped 7.79 points, or 0.25 percent, to 3,145.88.