Apple Stock Shrugs Off Trade War Scare as New Products & CEO Succession Buzz Fuel Optimism
Apple Rides Out a Wild Day on Wall Street Apple’s stock performance on October 14 told a story of resilience in the face of macroeconomic drama. The day began with “palpable unease” across markets as renewed U.S.-China trade tensions rattled investorsmarkets.chroniclejournal.com. President Trump’s surprise threat of massive new tariffs – 100% on all Chinese imports – and China’s rapid countermeasures (sanctioning U.S. partners and slapping fees on American-linked ships) sent the Nasdaq tumbling nearly 0.9% at the openmarkets.chroniclejournal.commarkets.chroniclejournal.com. Apple, deeply entwined with Chinese manufacturing and sales, “found itself navigating choppy waters” – its stock slid early, briefly making Apple a