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Apple: Stock in the Clouds, One Toe Still in the Gutter

Apple: Stock in the Clouds, One Toe Still in the Gutter
Apple stock closed at $197.05 Tuesday, down $3.37 after a five-day rally that saw it hit $203.08 Friday. However, that slide was part of an overall market phenomenon. On Tuesday, the Dow Jones Industrial Average shed 100 points and the NASDAQ composite index lost about 29 points as consumer confidence took a tumble.

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