APPLE JITTERS ON WALL STREET: Japanese shares tumbled and Shanghai's benchmark surged Friday as Asian markets steadied following a technology-led sell-off on Wall Street ... The Nikkei 225 index started its first trading day of 2019 by falling more than 3 percent. By midday, it was trading 2.8 percent lower at 19,465.36 as technology and electronics makers slumped. But Hong Kong's Hang Seng jumped 1.3 percent to 25,380.37. The Shanghai Composite rebounded 1.8 percent to 2,509.02.
Friday morning's developments come after U.S. stocks got slammed across the board on Thursday as investors reacted to Apple’s rare guidance cut and amid rising concerns that the U.S. economy may face new headwinds in 2019.
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