Workflow
Apple and Tesla may no longer be ‘safe investments' as China's troubles grow
AppleApple(US:AAPL) Market Watch·2024-01-17 19:43

Another tough day for Wall Street is in the making, after China growth numbers disappointed, hitting oil and a bunch of U.S.-listed Chinese stocks.That brings us to our call of the day, where market observers say China-related trouble continues to build for Tesla TSLA and Apple AAPL and their investors. In a note to clients, Mike O’Rourke, chief technical strategist at JonesTrading, observes how Magnificent Seven stocks have been under pressure to shore up the S&P 500 in a bumpy 2024. “Key leaders Apple an ...