Apple Stock Declines As Investors Fret Over Higher Taxes Next Year

By Leah Schnurr and Chuck Mikolajczak NEW YORK (Reuters) - Gravity has taken hold of Apple, and a lot of investors have been smacked on the head. Apple Inc, the largest U.S. stock by market value, was headed toward its eighth straight week of declines on Friday, as the rush to secure profits before a potential hike in capital gains taxes next year has investors dumping the market favorite.

 

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