Shares of Apple Inc., on Wednesday were weighing on the Dow Jones Industrial Average in early trade, capping gains in the benchmark after a negative report. Apple Inc. shares were sinking Wednesday morning after the iPhone and iWatch maker reportedly admitted there are issues with connectivity of its latest Apple Watch Series 3. The decline was shaving more than 20 points from the price-weighted Dow . A $1 change in any of the Dow’s components equates to a 6.89-point swing in the average. Overall, the Dow was trading at break-even levels at 22,371, as investors awaited a key policy update from the Federal Reserve. Meanwhile, the S&P 500 index was flat at 2,506, as was the Nasdaq Composite Index trading at 6,454.
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