If the market’s resolution for the new year was to start with a clean slate and forget about the worries that piled up toward the end of 2018, that plan lasted fewer than two days.
Sure, traders bought into a sharply lower open on Wednesday and U.S. stocks actually ended with small gains.
However, after the close of the first trading session of 2019, Apple (AAPL) shocked investors with a revenue warning for the first time since 2002.
China Trade Talks Loom
The main reason that Apple cited for the lower quarterly sales was lower iPhone demand in China, heightened by tariffs and other trade issues.… Read more