The markets extended its losses during the midday with the Dow falling 37 points to 20,920. Nasdaq slipped 4 points to 6,068.
In an effort to create jobs in the United States, Apple announced plans to invest $1 billion in a manufacturing fund. The manufacturing fund investment is in addition to a $1 billion investment in the SoftBank Vision Fund that was announced in January 2017. Apple will use the manufacturing fund to invest in a U.S. venture.
Starbucks expanded its rewards program to include Starbucks purchases made at grocery stores. Members can accumulate points by buying items such as packaged coffee, Via instant coffee, and ready to drink coffee. Rewards must still be redeemed at Starbucks locations.
Uber can continue developing its self driving cars while awaiting its day in court. A federal judge chose not to issue the injunction that Waymo had requested. Waymo had argued that Uber engaged in an elaborate scheme to recruit a former a Waymo engineer and cover up the theft of confidential technology.
The broader S&P 500 index slipped 2 points to 2,385. Bitcoin rocketed $98 to $1542.
