Stock Market Remains Steady Despite Apple's Loss of Market Share in China

Apple's stock fell by 4% due to a loss of market share in China, resulting in a $144 billion decrease in market capitalization. Despite this, the overall stock market remained stable, with the SP 500 up by almost 2% and the Nasdaq Composite up by nearly 1%. Bond prices have also stabilized after falling in four out of the last five weeks. China's reported 5% growth in fourth quarter GDP should be viewed with caution due to the country's struggling economy and real estate crisis. The editor will be monitoring bonds, oil, and mortgage rates, as well as the fact that bitcoin prices have risen above $100,000. The markets will be closed on Monday for a holiday, and the editor will return on Wednesday. This article is for educational purposes only and does not provide investment advice. Readers are encouraged to share their thoughts and ideas in a respectful manner, following the site's posting rules.