Apple escapes the Dow's 1,500 point drop largely unscathed
- The Dow Jones Industrial Average cratered by more than 1,500 points Monday before paring its losses.
- Apple mostly shrugged off the index's severe declines, down just 0.4% at the time of writing.
- You can track Apple's stock price in real-time here>>
As the Dow cratered more than 1,500 points on Monday afternoon, Apple was the only one of the index's 30 stocks to escape largely unscathed, down a maximum of 1.05%. It's lower by just 0.48% at the time of writing.
The Dow's big drop on Monday follows a 666-point plunge on Friday, its biggest single-day point drop since October 2008, the index opened down another 250 points on Monday.
ExxonMobil was easily the worst loser of the 30-stock index, down 6.17% at its lowest levels of the sessions. Johnson & Johnson, Chevron and Pfizer were also down more than 3%.
Other tech names were also in the red, but, like Apple, appeared to miss the heaviest part of the selling. Intel was down 1% and Microsoft was down 1.11% at the time of writing.
Read more about the stock market's Monday afternoon tumble here>>