Apple's shares closed a volatile trading session 0.4 per cent lower at $160.82 after rising as high as $163.
96, after it unveiled its 10th-anniversary edition of the iPhone. Apple's release date of November 3 was later than some investors had expected.
The S&P 500 hit a record closing high for the second day in a row on Tuesday, with financial stocks leading the charge, but gains were stunted by a decline in Apple Inc shares after it unveiled its latest iPhone.
Nasdaq also clocked a record closing high despite weakness.....