Dow Jones Sinks After Big Changes Announced; Apple Stock Down on Mixed "Fortnite" Ruling
The Dow Jones Industrial Average (DJINDICES: ^DJI) declined on Tuesday, underperforming the other major U.S. stock indices by wide margins. The Dow was down about 0.63% at 12:05 p.m. EDT after the company behind the index announced some major changes in response to Apple's (NASDAQ: AAPL) decision to split its stock.
Apple stock was down on Tuesday after a judge delivered a mixed ruling related to the company's battle with Epic Games. Once Apple's stock split is executed, the high-flying tech stock will have less of an impact on the Dow, since the index is weighted by stock price.
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Source Fool.com