Nasdaq ends down as investors eye Black Friday sales, China infections
BENGALURU (Nov 25): The Nasdaq closed lower on Friday (Nov 25) with pressure from Apple Inc in a subdued holiday-shortened trading session for Wall Street, as investors watched Black Friday sales and Covid-19 cases in China.Apple fell 2.0% on news of reduced iPhone shipments from a Foxconn plant in China in November as production was hit by Covid-19-related worker unrest.The session focused on retailers as Black Friday sales kicked off against the backdrop of stubbornly high inflation and cooling economic growth.Shoppers were expected to turn out
Edge
| 6d 20h ago
