Apple Shares Drag On Wall Street
- 6 years ago
According to Reuters, Wall Street began the trading week lower, due to poor performance by tech stocks.
Apple shares fell about 4-percent, after a report from the Wall Street Journal indicated the company cut production orders for three new iPhone models.
But Facebook, Amazon, Netflix, and Google's parent company Alphabet are also trading lower, between 3-and-5 percent.
Those losses dragged on the S&P 500, which lost 40-points by the afternoon on Nov. 19th.
Apple shares fell about 4-percent, after a report from the Wall Street Journal indicated the company cut production orders for three new iPhone models.
But Facebook, Amazon, Netflix, and Google's parent company Alphabet are also trading lower, between 3-and-5 percent.
Those losses dragged on the S&P 500, which lost 40-points by the afternoon on Nov. 19th.