Fang Index Which Includes Aapl Slides 2 8 Ahead Of Apple Earnings
A key stock index of technology giants, the NYSE FANG+, fell 2.8% yesterday, one day ahead of Apple reporting its fiscal Q3 earnings … The WSJ reports that the one-day fall set a new record. While the slide does represent nervousness around the tech sector as a whole, there’s no suggestion that AAPL is a specific influence, investors expecting the company to hit its guidance and reveal modest growth in iPhone sales when it reports its earnings later today....