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 2.7% Wednesday morning after the iPhone and iWatch maker reportedly admitted there are issues with connectivity of its latest Apple Watch Series 3. Shares of Apple were down $4.25, shaving more than 30 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 await a key policy update from the Federal Reserve later Wednesday afternoon. Meanwhile, the S&P 500 index lower at 2,505, as was the Nasdaq Composite Index trading at 6,437.
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