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Benzinga
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S&P 500 Ends Three-Session Win Streak Amid Decline In Apple, Nvidia: Greed Index Remains In 'Fear' Zone

1. AAPL declined 4% amidst overall market downturn. 2. Fear & Greed Index fell to 28.4, indicating market fear. 3. U.S. retail sales rose 0.4%, missing expectations. 4. Big tech stocks, including AAPL, recorded significant losses. 5. Economic indicators suggest cautious consumer spending.

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FAQ

Why Bearish?

Decline in AAPL and overall fear in the market indicates pressure on stock prices. Similar past events lead to prolonged bear markets for tech stocks.

How important is it?

Market sentiment and earnings forecasts heavily influence tech stocks, including AAPL. A decline in major indices typically reflects on stock performance.

Why Short Term?

Immediate market sentiment and tech losses can influence AAPL in the short term. Historical trends show quick reactions in stock prices to market sentiment changes.

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