The early drop in Apple’s stock was helping push the Dow Jones Industrial Average into negative territory. Apple shares were down 2.7% in premarket trading following several reports indicating weak iPhone X demand. The stock’s selloff comes despite a positive cover story from Barron’s suggesting that the company could achieve a $1 trillion market value in 2018. Apple’s stock price drop of $4.70 would subtract about 32 points from the Dow’s price. Dow futures were down 44 points in early trade.
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From:: Stock Market News