Apple and Tesla may no longer be ‘safe investments' as China's troubles grow
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 ...