Dow, S&P 500 decline after Apple's sales warning

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The Dow and S&P fell while the Nasdaq ended just above the unchanged mark as a sales warning from Apple highlighted the impact of the coronavirus

NEW YORK - The Dow and S&P 500 fell on Tuesday after a sales warning from Apple left investors assessing the impact of the coronavirus outbreak on U.S. companies.

But indexes ended off the day’s lows and the Nasdaq ended a touch higher as Apple Inc trimmed its losses in late-session trading. “Certainly this was not welcome news, but I don’t think it’s a debacle either,” said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.

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