Apple Stock Dips Amid Interest Rate Hike Expectations
Apple's stock price closed at $319.97 on the Nasdaq on September 4, 2026, marking a 2.51% decline from the previous session.
This drop is part of a broader trend in major US indices, with both the Nasdaq Composite and S&P 500 experiencing losses of 0.29% and 0.38%, respectively.
The selling pressure was attributed to stronger-than-expected US August labor data, which lifted expectations for an interest-rate hike at the Federal Reserve's September meeting.
Apple is set to present its new device lineup on September 9, 2026, with investors eagerly awaiting the release of the iPhone 18 and other products.