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NEW YORK (AFP) – U.S. stocks closed mixed Wednesday, with the Dow surging sharply higher and Apple dragging down the Nasdaq after its iPhone launch missed expectations.

At the closing bell, the Dow Jones Industrial Average was up 134.24 points (0.88 percent) at 15,325.30.

The broad-market S&P 500 index advanced 5.02 (0.30 percent) to 1,689.01, while the tech-rich Nasdaq dipped 4.01 (0.11 percent) to 3,725.01.

Apple shares sank 5.4 percent to $467.89, a day after unveiling two new iPhones and dashing expectations that a media event in Beijing would reveal a deal with China Mobile, the country’s biggest carrier.

Tucker Carlson

Photo by Gage Skidmore/ CC BY-SA 2.0

Reprinted with permission from Alternet

Fox News got to claim victory on Thursday after a new ruling in a lawsuit brought against the company came out in its favor, but the win arrived at a steep cost. To deflect an allegation of defamation, the network was forced to claim that one of its highest-profile personalities can't reasonably be expected to consistently provide accurate information to viewers.

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