We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Steve Jobs made innovative new products. Tim Cook just changed their sizes.
Or maybe the new iPhones are trash and it’s not worth an upgrade from my iPhone 8? Is that a possibility?
Cook is cooking the books. Why? Volatility is a political disadvantage to Trump and the trade negotiations with China.
Apple's stock dived 9.2%. The Standard & Poor’s 500 index fell 52 points, or 2.1%, to 2,457. The Dow Jones industrial average slid 560 points, or 2.4%, to 22,785. The Nasdaq retreated 166 points, or 2.5%, to 6,499.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple warning of weak sales in China sends US stocks sinkingApple's warning that its sales in China weakened over the holidays added to investors' fears that the global economy is losing strength, with the trade fight between the U.S. and China making the situation worse. U.S. stock indexes fell sharply Thursday morning. Apple's stock plunged 8.9... How did that happen? 🤔 Buy bitcoin Can't wait for recession and current administration officials to blame Obama. Same folks who take obama's recession turnaround and positive market trajectory.
Source: ABC - 🏆 471. / 51 Read more »
Apple plunges $56 billion in premarket trading, dragging global stocks after shock sales warningApple's warning about a China slowdown are dragging global stock markets. A FAANG stock slump is sending Nasdaq futures 2.5% lower. iMotive strike iWave...
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks set to open lower amid renewed US-China tensions; Apple to report earningsU.S. stock index futures pointed to a lower open on Tuesday morning as investors monitored global trade developments and looked ahead to earnings releases from companies like Apple. Totally foreseeable and unavoidable.
Source: CNBC - 🏆 12. / 72 Read more »
Apple relief steadies Asian stocks, investors await Fed, U.S.-China talksAsian equities steadied on Wednesday as investors awaited Federal Reserve policy... Wait. What?
Source: Reuters - 🏆 2. / 97 Read more »
Markets Right Now: Stocks slide after Apple sees China slumpNEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks slumped on Wall Street, led by a sharp slide in technology companies after Apple reported a slowdown in iPhone sales over the holidays in China. The 5 percent drop in tech stocks Thursday was the biggest for the sector since 2011. The Apple news jolted markets and reinforced fears that the global economy is slowing. A surprisingly weak report on U.S. manufacturing made matters worse. Apple dropped 10 percent, erasing $74.6 billion in value. Makers of phone parts also fell. MAGA Who'd wanna buy that money trap anyway Thank you Individual 1 for absolutely nothing.
Source: AP - 🏆 728. / 51 Read more »
Stocks mixed | US and China talk trade | Apple trolls rivalsU.S. stock futures were mixed as trade talks between Chinese and U.S. officials continue in Beijing.
Source: CNBC - 🏆 12. / 72 Read more »
Big hedge funds dumped China stocks, Apple as market tumbledProminent hedge fund managers sold out of Chinese technology stocks and dumped S... Which explains the huge decline of $AAPL. I’d invest in $CSCO myself.
Source: Reuters - 🏆 2. / 97 Read more »