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Apple fell $26.93, or 5.4 percent, at $467.71. Apple stock fell on Tuesday, too, after rising 11 percent in the month leading up to the announcement. Qualcomm fell $2, or 2.9 percent, to $68.09. Apple makes up some 15 percent of Qualcomm revenue, Lam estimates. Supplier Cirrus Logic Inc. fell $1.20, or 5.2 percent, to $21.89. Utilities and tech were the only two industry sectors in the S&P 500 that fell. The other eight rose, led by energy stocks. Traders on the floor of the New York Stock Exchange observed a moment of silence shortly before trading began on the 12th anniversary of the Sept. 11 terrorist attacks. Other companies making big moves included: Restoration Hardware, down $9.02, or 11.9 percent, to $67.04 after reporting second-quarter sales that were not as strong as in the first quarter. Disney rose $1.11, or 1.8 percent, to $63.94 after delaying its fifth "Pirates of the Caribbean" movie from a planned 2015 opening. Studios struggled with big-budget flops this summer, including Disney's "The Lone Ranger," and investors may be glad that it will take its time with the "Pirates" sequel. IBM rose $4.10, or 2.2 percent, to $190.70 after saying it would sell a customer care outsourcing business to Synnex for $505 million in cash and stock. Synnex soared $9.62, or 20 percent, to $57.59. Oil prices rose 17 cents to close at $107.56 after two days of declines. Gold fell 20 cents to $1,363.80. The yield on the 10-year Treasury note fell to 2.92 percent from 2.97 percent a day earlier. The dollar weakened slightly to 1.33 euro and 99.86 Japanese yen.
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