Investors see new watch as time to buy Apple

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NEW YORK (Reuters) – U.S. bonds were down neatly in late afternoon trade on Tuesday in a extended selloff as shares of Apple (AAPL.O) cut progressing gains.

Apple, that jumped progressing in a event after it denounced a smartwatch, was final adult 0.2 percent in complicated volume.

All 10 SP sectors were lower. Shares of Home Depot (HD.N) were down 2.2 percent, among a biggest drags on a Dow and SP 500, a day after a association reliable a remuneration confidence complement had been breached.

Also weighing on a market, McDonald’s (MCD.N) shares were down 1.5 percent as it reported reduce Aug same-store sales in all regions.

The Dow Jones industrial normal .DJI was descending 100.42 points, or 0.59 percent, to 17,011, a SP 500 .SPX was losing 13.22 points, or 0.66 percent, to 1,988.32 and a Nasdaq Composite .IXIC was dropping 37.24 points, or 0.81 percent, to 4,555.05.

The largest commission gainer on a New York Stock Exchange was Pulse Electronics (PULS.N), rising 67.33 percent, while a largest commission decliner was MaxLinear (MXL.N), down 16.53 percent. MaxLinear cut a third-quarter income opinion on Monday.

Among a many active bonds on a NYSE were Petrobras (PBR.N), down 3.60 percent to $17.69 and Rite Aid (RAD.N), down 1.94 percent to $6.34.

Besides Apple, Yahoo (YHOO.O), down 2.5 percent during $40.76 and SinoCoking Coal (SCOK.O), adult 175.0 percent to $8.03 were a many actively traded.

Declining issues outnumbered advancing ones on a NYSE by 2,304 to 714, for a 3.23-to-1 ratio on a downside; on a Nasdaq, 1,961 issues were descending and 711 advancing for a 2.76-to-1 ratio bearing decliners.

The extended SP 500 index was posting 17 new 52-week highs and 3 new lows; a Nasdaq Composite was recording 53 new highs and 47 new lows.

(Editing by Nick Zieminski and Chris Reese)

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