Yahoo Finance's Dan Howley explains the impacts of COVID protests and lockdowns on Apple iPhone production.
Goldman Sachs thinks that being defensive on stocks is the best bet headed into a 2023 that may see a long-talked about U.S. recession.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) opened down about 0.6% Monday morning when the trading session began. Worries about the Chinese economy weighed on the overall market, but they were of particular concern to consumer electronics giant Apple (NASDAQ: AAPL) as it deals with potential problems that could disrupt supplies and hurt near-term financial results. Shares of Apple dropped about 2% early Monday, extending losses from Friday.