Apple on Wall Street Financial

The Dow Jones Wall Street Index closed down 0.4% to 25,270.83 points

Apple has cautiously announced its outlook for the current major quarter, which includes also the holiday season. The group said the high expectations may not be met in the coming months. Tim Cook mainly highlighted the difficult conditions in emerging markets.

The stock market value of the technology giant has exceeded the billion dollars reached in August. As a result, the company was the first company to qualify as a "billion dollar company" or a billion dollar company. But Apple had to spend so many billions on Friday that the value of the market is now around 980 billion dollars. By the way, Apple's price last month was also briefly under the trillion dollar limit.

The sentiment on US stock markets was not very good on Friday. This is mainly explained by the fact that the messages of hope concerning an impending trade agreement with China have not proved entirely correct. President Donald Trump said he thought he could reach an agreement on the trade dispute with China.

More and more companies have provided figures. The Kraft Heinz food group (minus 10%) and the maker of GoPro action cameras (minus 24%) were disappointing. The Starbucks coffee chain has been convinced with a price gain of almost 10%. Investors have also responded to the US government's monthly jobs report, which is generally very important for the Fed's interest rate policy.

The broad S & P 500 fell 0.6% to 2723.06 points and the Nasdaq technology advisor delivered 1% 7357.00 points.

The euro was worth 1,1394 USD, against 1,1382 USD at the close of the European stock markets earlier in the day. A barrel of US oil was 1.3% cheaper at $ 62.87. The price of a barrel of Brent fell 0.4% to 72.59 dollars a barrel