Apple, other stocks falls as U.S. recession worries mount

Apple, others, and U.S. stock indexes fell on Monday as investors feared that the Federal Reserve’s monetary policy tightening campaign to tamp down rampant U.S. inflation could push the country’s economy into a double-dip recession.:The main U.S. benchmarks have sold off sharply in December, putting them on course for their worst annual declines since the 2008 financial crisis, after mixed economic data and the Fed’s hawkish stance fueled worries of a recession.
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