The S&P 500 and Nasdaq fell on Thursday, with the biggest drag from Apple and weakness in chip stocks over concerns about China’s iPhone curbs, while a fall in weekly U.S. jobless claims fed worries about interest rates and sticky inflation. S&P heavyweight Apple was on track for its second straight day of losses, down 3.5%, after news China widened curbs on iPhone use by state employees, requiring staff at some central government agencies to stop using their mobiles at work.
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