Dow Jones Down on Jobs Report, China App Bans; Apple and Microsoft Stocks Are Biggest Losers
The Dow Jones Industrial Average (DJINDICES: ^DJI) was heading lower by early Friday afternoon after a volatile morning. An employment report that showed a slowdown in job gains, and executive orders signed by President Trump related to Chinese mobile apps gave investors a lot to think about. The Dow was down about 0.23% at 1:15 p.m. EDT today.
Dragging it down were tech behemoths Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT). There wasn't any major news coming out of either company, but valuations have been stretched by rallies this year.
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Source Fool.com
