Tuesday, 2 May 2023

Apple and 10 other stocks tied to China supply chains are at risk

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Shifting gears, our call of the day from Morgan Stanley warns of hurdles to come for tech companies such as Apple AAPL, and rewards for others amid shifting global supply chains.


Another issue facing the market in the next couple of weeks is the nation's debt ceiling. Treasury Secretary Janet Yellen said on Monday that based on tax receipts so far, the date when the government risks default is June 1.






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