Apple stock currently trades at 30.7 times fiscal 2021 EPS. Applying the same ratio to the lower EPS figure would theoretically drop the share price by about $1.50 - hardly a market-moving...
DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:Dow Jones, S&P 500 and Nasdaq 100 indexes closed +0.74%, +1.13% and +1.94% respectivelyThe Fed signalled a 50bps charge hikes on the subsequent FOMC assembly,...