Apple slip sees Wall Street end good week with a dip

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>US stocks slipped as Apple absorbed its worst loss in more than four years&period;<br &sol;>&NewLine;Thanks to gains over the previous three days&comma; the S&&num;038&semi;P 500 index finished with its biggest weekly increase since March&period;<&sol;p>&NewLine;<p>Apple&comma; the world&&num;8217&semi;s largest technology company&comma; forecast weak revenue in the current quarter and startled investors by saying it will stop disclosing quarterly iPhone sales&period;<br &sol;>&NewLine;That pulled technology stocks lower&period;<&sol;p>&NewLine;<p>Other high-growth stocks held up well after the US and China said they had made some progress in trade talks&comma; and Asian indexes surged on reports that China&&num;8217&semi;s government plans to cut taxes&period; The Department of Labour said employers added 250&comma;000 jobs in October&comma; with no sign that hiring was going to slow down&period;<&sol;p>&NewLine;<p>The proportion of Americans with jobs is at its highest level since January 2009&comma; and hourly wages also grew by the most since then&period; Along with high consumer confidence&comma; those are all good signs for economic growth and consumer spending in the months to come&period;<&sol;p>&NewLine;<p>Bond yields surged following the strong jobs report as investors bet on continued economic growth&comma; which would push the Federal Reserve to raise interest rates more quickly&period; &&num;8220&semi;It clearly was a good report&comma;&&num;8221&semi; said David Lefkowitz&comma; senior equity strategist Americas at UBS Global Wealth Management&period;<&sol;p>&NewLine;<p>Growth in wages&comma; while stronger than anything that&&num;8217&semi;s been reported recently&comma; was about what investors were expecting&comma; Mr Lefkowitz said&period; That is important because investors are still sensitive to signs that inflation could flare up&comma; forcing the Federal Reserve to be more aggressive in raising rates&period;<&sol;p>&NewLine;<p>If inflation grows moderately&comma; as it appeared to in October&comma; that is not as likely&period; The S&&num;038&semi;P 500 index slid 17&period;31 points&comma; or 0&period;6&percnt;&comma; to 2&comma;723&period;06&period; The Dow Jones Industrial Average fell 109&period;91 points&comma; or 0&period;4&percnt;&comma; to 25&comma;270&period;83&period; The Nasdaq composite&comma; which has a high concentration of technology companies&comma; lost 77&period;06 points&comma; or 1&percnt;&comma; to 7&comma;356&period;99&period;<&sol;p>&NewLine;<p>The Russell 2000 index of smaller-company stocks rose three points&comma; or 0&period;2&percnt;&comma; to 1&comma;547&period;98&period; Stocks had surged over the previous three days and finished the week 2&period;4&percnt; higher&period; They skidded in October&comma; suffering their worst monthly loss in seven years&period;<&sol;p>&NewLine;<p>The S&&num;038&semi;P 500 will have to rise another 7&period;6&percnt; to match the all-time high it reached on September 20&period;<br &sol;>&NewLine;Apple fell 6&period;6&percnt; to 207&period;48 dollars&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed325b95e1e">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; 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