Apple, Inc (NASDAQ:AAPL) opened slightly higher on Tuesday before falling down to test Monday’s low-of-day as support.
The S&P 500 officially entered into a bear market on Monday, declining more than 20% from the Jan. 4 all-time high of $4,818.62. Apple has similarly declined about 28% from that same date, which isn’t surprising considering the tech giant has the highest weighting of any stock in the ETF, making up 6.2% of the fund.
