There's uncertainty in the market and investors are looking to large-cap shares for relative safety.
Apple's announcement deterred investors from buying certain semiconductor-related stocks. But the New York market stabilized as a whole, and that is a big plus.
As has been reported, lending competition is heating up. It seems the market is gradually coming to doubt if all banks have bright earnings outlooks from an expected end to quantitative easing.
It looks like the market is nearing a crossroad over whether to worry about the yen's rise.
TDK and Cisco didn't exactly deliver a blow to the market through negative surprises. But they didn't give any clues as to when the high-tech recovery will happen.