Small Caps Soar, Apple Slips, Treasury Yields Fall On Trump Day 2: What's Driving Markets Tuesday? - Apple (NASDAQ:AAPL)
1. Apple's AAPL stock dropped 4.3% after a downgrade by Jefferies. 2. Jefferies cited challenges in iPhone sales in China affecting AAPL outlook. 3. The Russell 2000 index surged, indicating a shift towards small-cap stocks. 4. Oil prices fell over 2%, indicating broader economic concerns. 5. Lower Treasury yields suggest investor confidence in inflation control policies.