Apple shares gained Monday after the company announced it had sold one million iPhones, while Intel shares ended lower after the chip maker's updated outlook failed to impress investors. The Nasdaq Composite Index wavered, as Federal Reserve officials' speeches eased the some of the jitters caused by Friday's employment report.
Apple rose $4.94, or 3.8%, to $136.71 on the Nasdaq Stock Market after it sold its one millionth iPhone Sunday. The company, which triggered a selloff last week when it slashed the price of the popular cellphone.
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