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Apple's Stacey Lysik speaks at the Apple Worldwide Developers Conference in San Jose, Calif., Monday, June 3, 2019. (AP Photo/Jeff Chiu)
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The Federal Reserve will probably cut rates this week. It could be the start of a summer rally in stocks.
Wall Street continues to worry that the trade war could significantly increase the cost of iPhones around the world. Apple's stock fell 2% Thursday and is down another 1% Friday.