The slid 165.89 points, or 0.56%, close at 29,232.19. The dipped 0.29% to 3,370.29. The climbed 0.02% to 9,732.74. The major averages were under pressure for most of Tuesday's session after a stark warning from Apple.
Apple warned it will not meet its revenue guidance for fiscal second quarter of 2020 as the coronavirus outbreak in China hinders the tech giant's supply chain. That warning initially sent the broader market lower, but the major averages regained some of their losses in afternoon trading. Bottom line, market volatility could be on the rise is more companies issue warnings like Apple's.
gained 1.94% to hit its highest level since July 2018 while advanced 7.30% after a Morgan Stanley analyst hiked his "" price target to $1,200 per share. , meanwhile, slid 1.83%.