[Breaking] New York Stock Market Mixed Close... Nasdaq Down 0.89% on Tightening Concerns and Apple Plunge

The three major indices of the U.S. New York Stock Exchange closed mixed on the 7th (local time) amid ongoing concerns over prolonged tightening. The stock price of Apple, the largest company by market capitalization, plunged due to reports related to the Chinese authorities' ban on iPhones, weighing on investor sentiment across technology stocks.

On this day in the New York Stock Exchange, the Dow Jones Industrial Average rose 0.17% from the previous close. In contrast, the S&P 500, which focuses on large-cap stocks, fell 0.32%, and the tech-heavy Nasdaq index dropped 0.89% to close the session.