News of Apple's (AAPL) deal with China Mobile (CHL), which would bring iPhones to some 700 million customers in China, has sent Apple stock up to a new 52-week high. Apple has also been under pressure from billionaire activist investor Carl Icahn, who is pushing the tech company for a share repurchase plan. Apple finished the day up less than 1%
Good news for the country means bad news for markets. The Dow Jones Industrial Average and the S&P 500 saw a fifth straight day of losses as more positive economic numbers were released today; namely GDP and the weekly jobless report. Investors are now awaiting employment numbers for November, which will come out at 8:30a tomorrow morning. Experts are predicting the number to come in anywhere between 140,000 and 200,000 jobs added in November, which would be lower than last month's report of 204,000 for October.
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