News Snapshot:
The Nasdaq tumbled on Thursday, dragged down by Apple's (AAPL) continued slump, as shares of the tech giant continued to fall after reports that China has forbidden government officials from using its iPhone and it plans to extend the ban to state companies. The Dow Jones Industrial Average (^DJI) was the only index in the green on Thursday, up a modest 0.2%. The S&P 500 (^GSPC) dropped about 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) plummeted roughly 1% as Apple (AAPL) sank nearly 3%. Unemployment claims fell to their lowest levels since February last week, another sign the Federal Reserve...
