Markets Right Now: Apple leads tech stocks sharply lower

NEW YORK (AP) — The latest on developments in financial markets (all times local):
10:20 a.m.
Stocks are widening their losses on Wall Street after Apple warned of a steep slowdown in iPhone sales in China.
The Dow Jones Industrial Average sank more than 500 points in morning trading Thursday.
Apple gave up 9.2 percent following its announcement late Wednesday, which struck a raw nerve with investors.
Technology companies in particular, which rely heavily on sales to China, have been slump