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US markets rattled by Apple's sales warning

Thursday, January 3, 2019, 9:08 PM

US stocks were set to open sharply-lower on Thursday after Apple Inc stunned investors with a-rare-sales warning that inflamed fears that Sino-US trade war and slowing China economy would eat into corporate profits more than expected. "Apple reiterates worries that China and trade issues have not been resolved," said Robert Pavlik, chief investment strategist, senior portfolio manager at SlateStone Wealth LLC in New York.
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Indian markets may feel the heat as stocks get singed worldwide

Wednesday, December 26, 2018, 7:46 AM

Indian stocks may extend this year's declines when markets reopen on Wednesday with renewed turmoil in Washington rattling investor confidence. Investors looking to the US government for signs of stability instead got further unnerved with President Donald Trump blasting the Federal Reserve, blaming it for the three-month equity rout in a Twitter post on Monday after stock markets ended trading in Mumbai.
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Stocks broke key level and could aim for the year's low

Saturday, December 15, 2018, 8:39 AM

The S&P 500 could be getting ready to test a-new-range around the lows of the year that it reached in February a-level that is as much as 3% below current levels. The S&P 500 closed at 2,599 Friday, below the psychological 2,600 level and October low of 2,603. The S&P fell below 2,600 earlier this week but did not close below it until Friday.

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