Apple's market value drops below trillion, Microsoft becomes the only US company in "trillion dollar club"
China-Singapore Jingwei Client, March 24th. According to the Wall Street Journal Chinese website on March 24th, Apple's market value closed below $ 1 trillion on Monday, and its long-term competitor Microsoft became the only US company with a market-valued trillion-dollar company. the company.
Apple shares fell 2.1% to close at $ 224.37 as part of a general sell-off in the market triggered by a coronavirus outbreak and anxiety over whether the US Congress could pass a huge fiscal stimulus proposal. At current share prices, the technology giant's market value is about $ 982 billion.
Source: Wall Street Journal Chinese Website
Reported that since October last year, Apple's market value has been more than 1 trillion US dollars. When it hit an all-time high on February 12, this year, the iPhone maker had a market value of about $ 1.4 trillion.
Today, Microsoft is still a member of the trillion-dollar club, but only barely, with a market value of $ 1.03 trillion. Amazon currently has a market capitalization of $ 947 billion, and Alphabet Inc. Has a market capitalization of $ 725 billion.
On the 23rd, Eastern time, the third round of the U.S. emergency economic aid program failed to vote again in the Senate. US stocks fluctuated sharply during the session. As of the close, the Dow fell 3.04% to 18591.93; the Nasdaq fell 0.27% to 6866.67; The S & P 500 index fell 2.93% to 2,237.40 points. (Zhongxin Jingwei APP)