Apple stock ‘could be the canary in the coal mine’ for China reopening: Strategist

Apple stock ‘could be the canary in the coal mine’ for China reopening: Strategist

Investors curious about the next move in the broader market would be wise to pay extra attention to shares of multinational tech giant Apple (AAPL).

“One of the reasons that has been helping sentiment, particularly in industrial stocks and things like that, is the idea that China is going to be reopening,” Interactive Brokers chief strategist Steve Sosnick said on Yahoo Finance Live (video above). “If there is another wave of lockdowns in China, that really upends that story. It upends global…


Source link

About search

Check Also

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

[unable to retrieve full-text content]3 stocks with the biggest gains took April’s biggest losses  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *