Latest Breaking News On - Karen weise - Page 1 : comparemela.com
technology. julie hyman is with us to explain the markets. lie: we are seeing the biggest drop in maybe a little over a month, but that is because we are not seeing big drops. we are seeing small, incremental moves. today, it is a matter of risk-off sentiment. just to put the drop in perspective, we have got an interesting chart on the bloomberg. i do not know if we can call it up here we go. 500, the s&phe s&p fell at least 2% going back a decade. as you can see, it has become much less frequent. you see the magnitude of drops. we have not even had a drop in 2% , and it has been since last year since we have had a drop of 3%. sell us have become much less common than any kind of magnitude. let s go back to the semiconductors. apple is cutting orders of the .phone 8 and the iphone 8+ the stock is down .7%. all of the apple suppliers are trading lower. as for the earnings side of the equation, we have got the pressure as well. the staples of producing well, phillip morris is
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