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Why Apple Stock Is Falling Today

Why Apple Stock Is Falling Today

Shares of Apple (NASDAQ: AAPL) were falling 3.9% heading into noontime trading Wednesday as retail sector earnings have been weaker than expected this week and the Federal Reserve is expected to further tighten the screws on the economy. There has also been an uptick in cases of COVID-19, which caused Apple to delay implementation of its three-days-in-the-office policy.