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Stock Market Today: Dow Fell From Highs, Target and Visa Shares Tumbled - Barron's

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https://www.barrons.com/articles/stock-market-today-51637145406

Updated Nov. 17, 2021 4:22 pm ET / Original Nov. 17, 2021 5:37 am ET

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Stocks fell on Wednesday, as the corporate bond market sent a somewhat troublesome message.

The Dow Jones Industrial Average fell 211 points, or 0.6%, after the index climbed 54 points Tuesday. The SP 500 and the tech-heavy Nasdaq Composite each fell 0.3%.

The credit market sent a negative signal about corporate profits. The iShares iBoxx...

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Updated Nov. 17, 2021 8:07 am ET / Original Nov. 16, 2021 11:10 am ET

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Apple is on track to break its previous record for iPhone sales over the holiday period, according to new analysis, which should pave the way for stock price gains.

Heading into Black Friday next week, analysts at investment bank and broker Wedbush Securities said they see delivery times for the Apple iPhone 13 Pro lengthening. The team, led by Dan Ives, estimates that demand is outstripping supply by around 15% heading into the holiday season.

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