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Architecture & Engineering


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January 4, 2019

Slow iPhone sales crush market

By MARLEY JAY
AP Markets Writer

NEW YORK — Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales in China are slumping.

The rare warning of disappointing results from Apple reinforced investors' fears that the world's second-biggest economy is losing steam and that trade tensions between Washington and Beijing are making things worse.


 
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