US Close 6 Jan 16: Calm over markets- Apple in the red and oil also lower.

US sharemarkets were mixed on Tuesday. Shares in Apple fell by 2.5%, weighing on major indexes, on reports that the company will wind back iPhone production by 30% in the current quarter. Shares in Smith & Wesson rose by 11.1% as people look to buy guns ahead of tighter background check laws on purchases being imposed. At the close of trade the Dow Jones index was up by 10 points or 0.1% after earlier being down 110 points. The S&P 500 was up 0.2% while the Nasdaq was down by almost 12 points or 0.2%.

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