Market Snapshot: Nasdaq leads stock market lower as Apple extends slump

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U.S. stocks were mostly lower early Thursday, with the Nasdaq Composite leading the way down as Apple Inc. shares extended their slump and as investors continued to fret over expectations the Federal Reserve will be forced to keep interest rates elevated for some time to wring out inflation.

What’s happening

What’s driving markets

Treasury yields were taking a breather early Thursday, but have risen this week on strong U.S. economic data. The dollar has continued to gain, with the ICE U.S. Dollar Index DXY…

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