Why Apple, Amazon, and Microsoft Are All Falling Today

Shares of Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Microsoft (NASDAQ: MSFT) were all sliding this morning as investors processed the latest Federal Reserve interest rate hike and as investors worry that the Fed could potentially tip the economy into a recession. 

Making matters worse today, the latest data shows that retail sales are slowing down. 

As a result, Apple had fallen by 3.4%, Amazon had plunged 4%, and Microsoft had tumbled by 3.1% at 11:31 a.m. ET. 

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Source Fool.com