Thursday didn't get off to a good start.
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STOCKS FIGHT BACK: Here's what you need to know
More than one Wall Street firm has called for a correction to hit the markets soon, but it didn't come today.
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On Thursday morning, Apple was down as much as 2.8% on reports of the company cutting production orders linked to the new iPhone 8. Apple led the S&P 500 down as much as 0.5% in early trading.
But, the markets weren't going to let a single stock drag them down, so at about 10:15 AM, the S&P reversed course and started a long march upward to end the day above its break-even point.
More than one Wall Street firm has called for a correction to hit the markets soon, but it didn't come today.
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Here's the scoreboard:
- Nasdaq:
- 2.34
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