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Apple Shares Slump

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Apple Shares Slump

Apple Shares Slump

According to Reuters, Apple shares slumped, weighing down the top three markets on the New York Stock Exchange.

On May 20th, Apple's stock dropped 3.5-percent after HSBC issued a warning that the latest increases in tariffs could impact demand for the iPhone due to higher pricing.

By the afternoon, the top three markets on Wall Street were down at least half a percent each.

The Nasdaq Composite led the decline, falling over 95-points after losing 1.2-percent.

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