Apple, a Dow component and a major influence on the broader market, fell as much as 3.5% during Monday's session. It flipped the script as the day wore on and closed up 3%. However, Apple's 16% decline since its record close on Sept. 2 to Monday's close has been indicative of the rough month for Wall Street.
With seven trading days left in September, the Nasdaq remained in a correction, down more than 10% from its Sept. 2 record high. But the Nasdaq, Dow and S&P 500 were higher in the third quarter to date.U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus, during a news conference in Washington, U.S., March 3, 2020.
LiveSquawk AKA: Just more lies like robotaxi day from 2019
6 👀 😷Only 42,000 more AMERICAN DEATHS from Covid-19 until Election Day!
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