Wall Street slips as Apple shares fall
U.S. stocks fell in early trading on Thursday as a sharp decline in Apple's shares weighed on the three major indexes. Apple was down 2.1 percent at $107.9 at 10:06 a.m. ET, erasing opening gains for U.S. stocks. "Historically, the third quarter tends to be a difficult quarter and the fourth quarter tends to be the best quarter of the year," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin, Texas.
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