Nasdaq rebounds as chip stocks bounce, Dow dragged lower by Apple shares: Live updates - CNBC — SkimNews
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- Nasdaq rebounded as chip stocks bounced, while the Dow was pulled lower by weakness in Apple shares.
- Apple shares slid after disappointing earnings and a weak margin outlook, while Palantir slumped 6% after earnings.
Why it matters: Apple shareholders faced the clearest company-level setback, with shares sliding on disappointing results and a weak margin outlook that weighed on the Dow; Palantir investors also saw a 6% decline after earnings. Against that company-specific weakness, the Nasdaq’s chip-stock rebound left the session sharply split rather than uniformly negative.
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