- The S&P tech sector ended trading 1.6 percent lower.
- Shares of Apple lost just a fraction of 1 percent during the session
- Google parent Alphabet also weathered the sell-off.
Apple withstood the tech plunge Thursday, holding tight to its all-time highs even as Facebook dragged the sector lower.
Shares of Apple lost just a fraction of 1 percent during the session. Earlier in the day, the stock reached a new high of $195.96.
Meanwhile, Facebook suffered its worst day ever after its second-quarter earnings report. Amazon, which reports earnings after the bell Thursday, lost almost 3 percent during the session. Twitter fell 3 percent after a shot from President Donald Trump, and Microsoft fell roughly 1 percent.
The S&P tech sector ended trading 1.6 percent lower.
Want to publish your own articles on DistilINFO Publications?
Send us an email, we will get in touch with you.
Google parent Alphabet also weathered the sell-off. Shares gained 0.75 percent Thursday.
Apple reports its quarterly earnings next week, as it nudges closer to $1 trillion market value. The stock is up 15 percent on the year and more than 25 percent in the last 12 months.
Date: August 1, 2018
Source: CNBC