Apple Shares Drag Down Wall Street

Apple weighed on the three major US stock indices on Thursday morning, a day after the tech giant unveiled the new iPhone 7 that failed to impress Wall Street. Apple shares fell 2.1 per cent, their steepest decline since June 24 when the markets witnessed a broad selloff after the result of the Brexit vote. The S&P 500 information technology index fell 0.51 per cent and was the biggest loser among the benchmark's 10 major sectors. ...