Apple leads megacap losses

Apple CEO Tim Cook
A selloff in major tech stocks pulled markets lower, ending a three-day rally that had brought the S&P 500 close to its record highs. Equities paused their upward trend, with Apple spearheading declines among megacap stocks, while Tesla remained largely unchanged after an earlier nearly 3% surge.
Rita Nazareth and Andre Janse Van Vuuren for Bloomberg News:‎Despite Wednesday’s losses, the S&P 500 has seen a torrid rally from the brink of a bear market in April