The US markets dipped into negative territory in the final hour of trading after trading flat for most of the session as investors took a breather following a strong market rally though indices are still on track for their best quarter since 1998.In stock specific news from US, Apple hit an all-time high after Think Equity boosted its price target on the stock to USD 700 from 600.
Dow Jones Industrial Average was down 0.33% or 43.9 points at 13197.73. Nasdaq Composite was down 0.07% or 2.22 points at 3120.35. Standard & Poor’s 500 was down 0.28% or 3.99 points at 1412.52.
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