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US STOCKS-Wall St slips as tech sector weighs
U.S. stocks dipped on Tuesday as Apple and shares of its parts suppliers weakened on a report of soft iPhone X demand, which pulled technology shares lower. Apple will slash its sales forecast for its flagship phone in the current quarter to 30 million units, down from what it said was an initial plan of 50 million units, Taiwan's Economic Daily reported, citing unidentified sources. The report, along with some recent brokerage calls on tepid iPhone X demand, put Apple shares on pace for their worst single-day percentage fall since Aug. 10.
https://finance.yahoo.com/news/us-stocks-wall-st-slips-193313617.html?.tsrc=rss
U.S. stocks dipped on Tuesday as Apple and shares of its parts suppliers weakened on a report of soft iPhone X demand, which pulled technology shares lower. Apple will slash its sales forecast for its flagship phone in the current quarter to 30 million units, down from what it said was an initial plan of 50 million units, Taiwan's Economic Daily reported, citing unidentified sources. The report, along with some recent brokerage calls on tepid iPhone X demand, put Apple shares on pace for their worst single-day percentage fall since Aug. 10.
https://finance.yahoo.com/news/us-stocks-wall-st-slips-193313617.html?.tsrc=rss
