Apple drops 4% after notching best day since 1998
Portfolio Pulse from
Apple and other tech stocks experienced a significant pullback on Thursday, following Wednesday's substantial market rally triggered by Trump's tariff adjustments. Apple shares dropped 4% after surging 15% the previous day, reflecting ongoing market volatility in the tech sector.
April 10, 2025 | 3:15 pm
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NEGATIVE IMPACT
Apple shares declined 4% after Wednesday's 15% surge, reflecting market uncertainty and sensitivity to trade policy developments.
The stock's significant drop follows the previous day's rally, indicating high market sensitivity to trade policy and ongoing economic uncertainties.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
VanEck Semiconductor ETF dropped 5% after its best-ever session, reflecting ongoing concerns about tariffs and potential economic impacts.
The ETF's decline reflects broader semiconductor sector concerns about potential tariff impacts on demand and economic growth.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80