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AAPL
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98 days

Apple, Tesla, Coinbase, Boeing, JD.com, Hertz, Rigetti, and MoreStock Market Movers - Barron's

1. U.S. and China agreed to reduce tariffs for 90 days, boosting trade. 2. Apple (AAPL) declined 0.7% in premarket after a strong previous day. 3. The Nasdaq Composite entered a new bull market, boosting tech stocks. 4. Consumer Price Index release expected to impact market sentiment. 5. Collective market cap gain of Magnificent Seven stocks reached $830.9 billion.

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FAQ

Why Neutral?

AAPL's 0.7% decline is tempered by overall market recovery. Historically, short-term fluctuations occur post-tariff announcements.

How important is it?

Immediate tariff implications influence AAPL's production costs and sales in China, but volatility limits long-term impact.

Why Short Term?

Tariff effects could quickly influence trading, but sustained trends take longer to develop, as seen post-2020 tariff announcements.

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