Apple stock faces another battering as China & EU fight back against U.S. tariffs
Apple's stock will face another tumultuous day as markets fear China's and the European Union's reciprocal tariff increases could get another Trump reaction.Tim Cook visits Luxshare factory in China in 2017 - Image Credit: AppleThe tit-for-tat tariff battle has wreaked havoc on the stock market, with the valuation of many companies shrinking over a matter of days due to the Trump administration's sweeping tariffs. This has naturally included Apple, which is set to face another day of stock market turmoil.At the close of markets on Tuesday, Apple was at $172.42 following four days of rough trading. However, pre-market trading brought the price to an even lower level, hovering at around $169 before starting the trading day marginally up at $172.18. Continue Reading on AppleInsider | Discuss on our Forums
Apple's stock will face another tumultuous day as markets fear China's and the European Union's reciprocal tariff increases could get another Trump reaction.
Tim Cook visits Luxshare factory in China in 2017 - Image Credit: Apple
The tit-for-tat tariff battle has wreaked havoc on the stock market, with the valuation of many companies shrinking over a matter of days due to the Trump administration's sweeping tariffs. This has naturally included Apple, which is set to face another day of stock market turmoil.
At the close of markets on Tuesday, Apple was at $172.42 following four days of rough trading. However, pre-market trading brought the price to an even lower level, hovering at around $169 before starting the trading day marginally up at $172.18.
Continue Reading on AppleInsider | Discuss on our Forums
Tim Cook visits Luxshare factory in China in 2017 - Image Credit: Apple
The tit-for-tat tariff battle has wreaked havoc on the stock market, with the valuation of many companies shrinking over a matter of days due to the Trump administration's sweeping tariffs. This has naturally included Apple, which is set to face another day of stock market turmoil.
At the close of markets on Tuesday, Apple was at $172.42 following four days of rough trading. However, pre-market trading brought the price to an even lower level, hovering at around $169 before starting the trading day marginally up at $172.18.
Continue Reading on AppleInsider | Discuss on our Forums
