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Apple shares fall sharply as Nasdaq rises on Amazon strength
Amazon’s surge helped offset Apple’s 9% drop, keeping the Nasdaq higher even as Apple weighed on the market.
The Wall Street Journal Markets reports that Apple shares fell about 9%, but the Nasdaq still advanced.
The outlet attributes the rise in the broader indexes to a large gain in Amazon, which helped lift sentiment despite Apple’s decline.
Latest closeNasdaq Comp. 25,373.85 ▲1.0%
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