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5:11 p.m.
Apples
Disappointment (AAPL) is already hitting the stock market and could end the
Dow Jones Industrial Average
series of three consecutive victories.
Yes, the market is closed, but this trade continues. Apple's shares fell 4.4% to $ 212.45, and ETFs that track key indices are already suffering the consequences. the
Invesco QQQ ETF
(QQQ), which follows the
Nasdaq-100
is down 0.7% to $ 170.87, while the
SPDR S & P 500 ETF
(ESP), fell 0.3% to $ 272.78 and the
SPDR Dow Jones Industrial Average ETF
(DIA) decreased 0.3% to $ 252.96.
The last title FAANG of Apple to have registered a profit, and as with
Amazon.com
(AMZN)
Netflix
(NFLX) and
Alphabet
(GOOGL), investors have found a reason to be disappointed. Now the question is whether the market can separate from Apple, the most important component of the main indices, or whether it will follow lower.
Remember, however, that the October payroll report should be released tomorrow morning at 8:30 am and could also help determine whether the market's winning streak is really over.
Write to Ben Levisohn at [email protected]
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