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Share of Apple and Tesla led the Nasdaq (^IXIC) lower on Thursday. The tech-heavy index dropped about 0.3%.
Apple stock declined more than 3%, on track for its lowest close since November. The iPhone maker has been under pressure over concerns of slowing sales in China.
Share of EV maker Tesla (TSLA) shares also dropped on Thursday, falling more than 3.5%. The company is offering new discounts on Cybertrucks, an indication that the electric vehicle pickup may be suffering from a slump.
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