Apple shares tumble on U.S. recession worries

Shares of Apple slid on the Nasdaq Thursday as investors processed the latest Federal Reserve interest rate hike and as investors worry that the Fed’s hikes could potentially tip the U.S. economy into a recession.Chris Neiger for The Motley Fool:Making matters worse today, the latest data shows that retail sales are slowing down.The first bit of news that tech investors were focusing on this morning is that the Fed increased interest rates by an additional 50 basis points — pushing r