While you were sleeping: Apple slumps on iPhone X concern

Tue, 26 Dec 2017

By Margreet Dietz Dec. 27 (BusinessDesk) - Wall Street moved lower as a decline in Apple shares weighed on sentiment, while oil gained on reports of a pipeline explosion in Libya. In 11.13am trading in New York, the Dow Jones Industrial Average inched 0.03 percent weaker, while the Nasdaq Composite Index fell 0.5 percent. In 10.58am trading, the Standard & Poor’s 500 Index slipped 0.1 percent. US Treasuries rose, pushing yields on the 10-year note 2 basis points lower to 2.46 percent. The Dow slipped as slides in shares of Apple an...

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