Apple Falls on Tariff Threat, and United Technologies Plans to Split

November 27, 2018

Shares of Apple were falling Tuesday after President Trump suggested he may impose tariffs on its iPhones and Macs. That news may be enough for Microsoft to take over the top spot in terms of market cap, a feat it briefly achieved on Monday. Plus United Technologies is planning to split into three companies, the move a likely attempt to avoid the fate of rival GE. And Tiffany shares were down Tuesday ahead of the company's next earnings report.