
Apple, Inc (NASDAQ:AAPL) was trading down about 1.5% in the premarket session Wednesday, but within the first 30 minutes of trading the stock erased its losses.
The S&P 500, which holds a 6.2% weighting of Apple, entered into an official bear market on June 13 after falling over 20% from its Jan. 4 all-time high of $4,818.62.