Detailed text transcripts for TV channel - CNN - 20190104:10:07:00
Points. 2.8% after apple warned it will miss sales forecasts because of weakening growth and trade tensions in china. apple plunging 10%. the s&p fell 2.5%. nasdaq fell 3%. back in bear market. the administration officials are warning of more china trouble ahead for corporate mechaniamer. the chairman of the economic advisers council kevin hassertt says more companies will downgrade their outlooks. >> we have the u.s. growing at 3%. the fourth quarter is looking at 3 as well. that is having an impact on earnings. it is not just apple. a lot of companies in the u.s. have sales in china which wi...
Source: archive.org