Technology stocks are one factor driving Dow Jones Industrials down to the largest intra-day point drop in history. Tom's Guide Editor-In-Chief Mark Spoonauer explains the factors he sees contributing to this volatility. "All day its really felt like a roller coaster," says Spoonauer. Apple closed on Monday down 2.5 percent. Apple was one percent off in terms of iPhone sales in its latest earnings report. Spoonauer explains when looking at the average sale price it told the story there were more people than maybe some of the doubters thought were interested in the iPhone X.

Share:
More In Technology
Looking Towards the Future of the EV Market in China and U.S.
The EV market has risen up quickly and the country that leads the way is China. The country has seen company's like Xpeng emerge with their technological innovations as it tries to produce flying cars by 2024. Cheddar News was joined by Alexa St. John, Transportation Reporter at Insider to discuss all things EV market in China and if the United States can catch up.
Avis Stock Surges as Company Looks to EV Market
Avis stock surged more than 200 percent on October 2 after the company reported better-than-expected earnings. The move comes as Avis also looks to get involved in the EV industry and Elon Musk clouded the issue over Tesla's contract with Hertz. Joel Hawthorne, head trader and CEO of the Morning Snapshot, gave Cheddar his insight into what's happening for the rental car company on Wall Street.
Load More