08-09-2016 21:16 via news.yahoo.com

Apple weighs on Wall St.; energy shares a boost

U.S. stocks dipped on Thursday, weighed down by Apple after its iPhone 7 failed to impress Wall Street, while gains in energy shares limited the decline. Apple fell 2.5 percent to $105.71, its steepest decline since June 24 when Britain's vote to leave the European Union unleashed a massive selloff. "Against the backdrop of some disappointing data over the past month or two, the uncertainty of the election, uncertainty regarding the Fed ... we're positioned rather defensively trying to preserve
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