Loading…
Apple shares fell after its first revenue warning in nearly 12 years, which dragged global markets lower. Investors sold chipmakers and tech stocks and moved into U.S. Treasuries and the Japanese yen.
The warning followed a patent dispute between Apple and Qualcomm.
The sell-off reflects broader risk aversion tied to China and global growth, which can soften expectations for commodity demand. The direct link to feed commodity prices is weak.
reuters.comSonam RaiJan 3, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
