Dow erases gain of more than 350 points as stocks turn lower after report on Apple hiring plans
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U.S. stocks gave up early gains on Monday after Bloomberg reported that Apple Inc. plans to slow hiring and spending growth in some divisions next year in anticipation of a potential economic downturn.
How stocks are trading
On Friday, the Dow rose 658 points, or 2.2%, as it and the S&P 500 and the Nasdaq Composite trimmed weekly losses.
What’s driving markets
A…
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