The S&P 500 is down 35 points, or 0.6% with all the selling coming in the past hour. Particularly notable are the declines in Tesla (6.8%) and Apple (-3.1%). Tesla had poor sales numbers while Apple is discounting prices in China.
Normally, it doesn't take long for this kind of selling to fizzle but uncertainty around the new US administration and high valuations could keep the sellers in control.
This article was written by Adam Button at www.forexlive.com. Read More Details
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