Wall Street drops on tariff worries, with Apple in crosshairs
The Dow Jones Industrial Average fell 79.33 points, or 0.31 percent, to 25,916.54, the S&P 500 lost 6.37 points, or 0.22 percent, to 2,871.68 and the Nasdaq Composite dropped 20.19 points, or 0.25 percent, to 7,902.54. Wall Street's major indexes fell on Friday as US President Donald Trump raised the possibility of additional tariffs on Chinese imports and Apple Inc indicated that some of its products could be subjected to such levies. US stocks were lower for most of Friday's session but dipped further in the last half-hour of trading on reports that Apple products, including the Apple Watch and AirPods, would be slapped with duties. Apple shares, which had been in positive territory for most of the session, ended 0.8 percent lower. The company provided those details in response to the White House's proposed tariffs on USD 200 billion worth of Chinese imports. A comment period for those tariffs ended on Thursday night. Earlier on Friday, White House...