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Benzinga
Benzinga
Business
Melanie Schaffer

Here's How Apple Stock Looks Near-Term, Longer-Term As Market Bear Cycle Continues

Apple Inc. (NASDAQ:AAPL) was sliding almost 4% lower at one point on Thursday, in sympathy with the general markets, which saw the S&P 500 falling almost 2%.

The tech giant holds a 6.2% weighting in the S&P 500, which often causes the stock and the ETF to trade in tandem.

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