Apple (APPL) Amongst The Stocks Falling In The Wake Of Fed Comments On Friday
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Summary:
- Apple down on pre-market trading on Monday.
APPL Stock Price
The U.S. Fed Chair Jerome Powell's comments on Friday that the economy was likely to experience "some pain" as the central bank continues to raise interest rates to combat high inflation have caused investors to draw back.
Along with other significant Big Tech stocks, Apple stock declined in premarket trading on Monday due to a broader selloff. On September 7, it is anticipated that Apple would hold a live event to introduce the iPhone 14 and Apple Watch Series 8.
Apple Price Chart
Sources: finance.yahoo.com
