Tech Shares Decline As Apple Slumps; S&P 500 Touches 1,500 Level; Europe Rises On Upbeat PMI Data

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[Chart courtesy of MarketWatch.com] The major market indexes mostly rose Thursday, with the Dow Jones gaining for a fifth day and the S&P 500 briefly topping the 1,500 mark as an unexpected drop in unemployment claims and upbeat corporate results offset the worst decline for Apple Inc in four years. Apple Inc slumped 12 percent to $450.50 after reporting the …