Markets Close Mixed, Apple Releases New Operating Systems




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Summary: Markets closed mixed on Monday, and the S&P 500 was almost unchanged. The big mover on the commodities side was copper, up 1.5% on better global demand outlook to $317. Apple released a new mobile software iOS 8 at the WWDC in San Francisco. The software includes the HealthKit, which works as a hub for health and fitness monitoring. Apple also introduced a new desktop operating system called Yosemite. Both will be available for download in the fall. Manufacturing data released by the ISM had to be corrected - twice. Initial reading was 53.2, which was not good and sent the indexes down. It was revised up to 56 and then revised back down again to 55.4, just in line with expectation.