Dow Jones Little Changed as Walmart Launches Fintech Startup, Apple's iPhone 12 Sells Well in China
Turning to individual stocks, shares of Walmart (NYSE: WMT) were up on Tuesday after the retailer announced it was launching a fintech start-up, while shares of tech giant Apple (NASDAQ: AAPL) fell despite indications of strong iPhone 12 sales in China. Retail juggernaut Walmart announced late Monday that it had teamed with fintech investment company Ribbit Capital to create a new fintech . The start-up, which will be majority owned by Walmart, will aim to "deliver tech-driven financial experiences tailored to Walmart's customers and associates."
Published:1/12/2021 2:04:37 PM