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AAPL Stock Price Volatility Hits Amid Interest Rate Hike Concerns

Guavy AI Editorial Team
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AAPL
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Apple stock (AAPL) fluctuated on September 4, closing at $28.45 after opening at $28.22.

The Dow Jones Industrial Average fell by $271.86 to 53,414.25, while the Nasdaq Composite dropped 77.07 points to 26,506.99.

Concerns over interest rate hikes resurfaced as rising crude oil prices and strong employment data pushed expectations for a September rate hike higher.

Some investors are holding onto high-quality companies with durable competitive advantages, avoiding emotional decisions during market volatility.

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