The Morning's Rally Melts Away, Apple Looks Really Ugly Once Again

Just a moment ago the Dow was up over 70 points.

Now? Gone.

All of the major indices have dipped their toes into the red, albeit modestly. A weak NAHB number may have contributed to the nervousness.

And look at Apple, which is still getting battered by Antennagate, it would seem.

It’s pacing the downside, falling nearly 3%.

chart

Photo: Yahoo Finance

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.