Stocks fall in first trading day of 2023, Apple and Tesla sink

Stocks fall in first trading day of 2023, Apple and Tesla sink

U.S. stocks closed with losses Tuesday as last year’s selling pressures poured over into a busy first trading week of 2023.

The S&P 500 (^GSPC) dropped 0.4%, while the technology-heavy Nasdaq Composite (^IXIC) fell 0.8%. The Dow Jones Industrial Average (^DJI) capped the session just below breakeven.

Apple (AAPL) shares sank 3.7% on Tuesday to the lowest level since June 2021, bringing the company’s market capitalization below $2 trillion — a symbolic milestone for the tech stock rout that…


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