Apple shares surged 48% last year, part of the “Magnificent Seven” mega-cap tech stocks whose returns powered most of the S&P 500’s gains in 2023.
Mandatory Credit:	Mario Tama/Getty Images

Apple shares surged 48% last year, part of the “Magnificent Seven” mega-cap tech stocks whose returns powered most of the S&P 500’s gains in 2023.
Mandatory Credit: Mario Tama/Getty Images

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Apple shares slide following Barclays downgrade, dragging down markets

Apple stock fell on the first trading day of the year, weighing down the US stock market and snarling Big Tech’s gangbusters 2023 rally.