Apple’s Losing Streak Continues, Falls 2.3% in Pre-Market Trading
On December 4, Apple (AAPL) fell 4.4% after President Trump said in a tweet that “I am a Tariff Man.” The tweet triggered a wide sell-off in the market. The S&P 500 benchmark (SPY) fell 3.2% on December 4, while the NASDAQ Composite Index (QQQ) and the Dow Jones Industrial Average fell 3.8% and 3.1%, respectively. Microsoft (MSFT), IBM (IBM), and Alphabet (GOOGL) fell 3.2%, 3.0%, and 5.0%, respectively, on December 4. Now, let’s see how Apple stock is set to extend these losses on December 6.