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Wall Street Sinks 2 Percent

Video Credit: Wochit Business - Duration: 00:46s - Published < > Embed
Wall Street Sinks 2 Percent

Wall Street Sinks 2 Percent

According to Reuters, Wall Street sank 2 percent on Thursday as weak U.S. factory data and the fallout of a rare sales warning from Apple Inc fanned fears of slowing growth and spurred the latest leg of a selloff that has sent indexes to their lowest since mid 2017.

Apple’s shares (AAPL.O) slumped 9.2 percent after the company slashed its holiday-quarter revenue forecast saying sales in China slowed more than expected, the first major warning with the U.S. earnings season around the corner.

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Wall Street Sinks 2 Percent

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6, 2018, PHOTO Broadcasters: NONE.

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