S&P 500 Declines on First Trading Day of 2025 as Apple and Tesla Struggle - PRESS AI WORLD
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S&P 500 Declines on First Trading Day of 2025 as Apple and Tesla Struggle

share-iconFriday, January 03 comment-icon4 weeks ago 9 views
News sources:
forbesFORBES
S&P 500 Declines on First Trading Day of 2025 as Apple and Tesla Struggle

Credited from: FORBES

  • The **S&P 500** experienced a **0.5% drop** amid declines in major stocks, including **Apple** and **Tesla**, marking a turbulent beginning to 2025.
  • The **Dow Jones Industrial Average** also fell by **0.6%**, while the **Nasdaq** declined **0.6%** by mid-afternoon on the same day.
  • **Apple’s stock** fell **3.2%**, raising concerns about its market presence in China, which significantly influences its revenue.
  • Combined losses for **Apple and Tesla** accounted for approximately **$370 billion** in market capitalization, affecting the overall market decline.

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