US Stocks Trade Mixed Amid Tech Earnings, Oil Price Drop
The US stock market saw mixed trading on Tuesday as tech stocks weighed down sentiment ahead of a busy week of earnings. Apple's market value approached $5 trillion, while oil prices dropped.
Oil prices fell due to global economic concerns and an increase in supply. The decline comes amidst a backdrop of uncertainty surrounding the global economy.
Apple's market value has been steadily increasing over the past year, nearing the $5 trillion milestone. This growth can be attributed to the company's strong performance in recent quarters.