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Wall Street opens lower on iPhone worries

Reuters 

(Reuters) - U.S. stock indexes opened lower on Friday led by falls in shares of Apple and its suppliers, including Advanced Micro Devices and Qualcomm, following a report that the iPhone maker was planning to produce fewer new phones this year than last.The Dow Jones Industrial Average fell 26.52 points, or 0.11 percent, to 25,214.89. The S&P 500 lost 3.58 points, or 0.129225 percent, to 2,766.79. The Nasdaq Composite dropped 24.90 points, or 0.33 percent, to 7,610.17. (Reporting by Ankur Banerjee in Bengaluru; Editing by Shounak Dasgupta)(This story has not been edited by Business Standard ...

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First Published: Fri, June 08 2018. 19:07 IST
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