S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters
Friday, 8 September 2023
The S&P 500 and Nasdaq both saw declines on Thursday, with Apple and chip stocks being the main contributors. Concerns over China's restrictions on iPhone use by state employees caused Apple's shares to fall, resulting in a decline in the technology sector. Additionally, a drop in weekly US jobless claims raised worries about interest rates and inflation.
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