Drop in shares of Apple, Tesla drag on Nasdaq
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Shares of Apple and Tesla led the Nasdaq index lower, causing a 0.3% drop in the tech-heavy index.
January 16, 2025 | 10:00 pm
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NEGATIVE IMPACT
Apple shares contributed to a 0.3% drop in the Nasdaq index, indicating a negative short-term impact on its stock price.
Apple's stock is a significant component of the Nasdaq index. A drop in its share price directly impacts the index, suggesting a negative short-term outlook for Apple.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tesla shares also contributed to the Nasdaq's 0.3% decline, suggesting a negative short-term impact on its stock price.
Tesla's stock is a major component of the Nasdaq index. A decline in its share price affects the index, indicating a negative short-term outlook for Tesla.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80