Wall Street sells off again as retail, energy struggle
Updated : November 21, 2018 06:22 AM IST
The Nasdaq closed at its lowest level in more than seven months while the S&P 500 and Dow ended at their lowest since late October, a day after Apple, internet and other technology shares dropped, further shaking confidence in a group of stocks that has propelled the long bull market.
Apple shares dropped again on Tuesday, falling 4.8 percent to its lowest level since early May, as concerns lingered over slowing demand for iPhones.
The day's losses left the S&P 500 and Dow in negative territory for the year, with the Dow now down about 1 percent and the S&P 500 down 1.1 percent since December 31.
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