Dow Jones Breaks Key Level, Nasdaq Sets Bear Closing Low As Apple Skids; Tesla Ends Dive

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Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. The stock market suffered further losses Wednesday as rising Treasury yields, Apple iPhone woes and soaring China Covid cases added to selling pressure on the major indexes. X The Nasdaq is near its bear market low, setting its worst close in over two years. The Dow Jones undercut a key level. Apple (AAPL) fell again, setting a fresh bear low. AAPL stock is in danger of falling below a $2 trillion valuation. Tesla (TSLA), which also set another bear market low, rose modestly. But that…

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