jueves, 3 de enero de 2019

Stock futures plunge as Apple warning weighs | Fox Business

Stock futures plunge as Apple warning weighs | Fox Business

Fox News First



SOUR APPLE ON WALL STREET: Equity futures were down around 300 points during the overnight session following Apple’s after-the-bell announcement that revenue for the holiday quarter would be lower than anticipated ... Dow Jones futures were falling by 1.4 percent. The S&P 500 dropped 1.4 percent and the Nasdaq Composite was down 2.5 percent.
Apple shares tumbled more than 7 percent in after-hours trading Wednesday, after the iPhone maker warned that quarterly revenue for the crucial holiday sales season would be lower than expected. Apple CEO Tim Cook said in a letter to shareholders released after markets closed, attributed most of the revenue drop to lower iPhone sales, China’s slowing economy and trade tensions between China and the U.S. - Reported by FOX Business' Ken Martin

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