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Apple’s stock drop after earnings can be blamed for more than half of Dow futures’ decline

Apple's stock drop after earnings can be blamed for more than half of Dow futures' decline

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Shares of Apple Inc. AAPL, +2.50% sank 3.7% early Friday, to pace the Dow Jones Industrial Average’s DJIA, +0.68% premarket decliners by a wide margin, in the wake of the technology behemoth’s disappointing fiscal fourth-quarter results. The stock’s implied price decline would shave about 37 points off the Dow’s price, while Dow futures YM00, -0.19% fell 69 points, or 0.2%, with 17 of 30 components trading lower.

...read full article on Market Watch

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