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Nasdaq and S&P 500 Slide as Chip Stocks Stumble on Apple Supply Shift

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • The Nasdaq and S&P 500 opened lower as tech and chip stocks retreated.
  • Memory chipmakers plunged on rumors that Apple may source chips from China's CXMT, while broader sentiment was further weighed down by looming Iran sanctions and a breakdown in US-Canada trade talks.
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AAPL price history

332.41 +19.53% over the displayed period

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