Apple Inc tumbled 4 per cent premarket after it reported the steepest drop in quarterly iPhone sales in two years due to the late launch of new 5G phones. — Reuters pic
Amazon.com Inc fell 1.4 per cent after it forecast a jump in costs related to Covid-19, while Facebook Inc shed 2 per cent as it warned of a tougher 2021. Still, the benchmark index is set to wrap up its worst week since mid-June, while Wall Street’s fear gauge held at a 20-week high, also on fears of a contested election next week.
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