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Originally, it was scheduled to be held Tuesday. The iPhone maker cited a slowing Chinese economy for the shortfall, intensifying fears that the global economy may be slowing down. The best countries to retire to in Lovemoney.

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It is unclear how the injunction will impact Apple's sales in China, however. Qualcomm says the order bans Apple iPhone imports and sales in China. Apple, meanwhile, says it only impacts sales of phones running an older operating system.

These technical breakdowns typically lead to more selling as many computer programs are set to dump stocks on those levels. Traders pointed to a number of reasons for the initial selling, including a flattening yield curve and a delayed Brexit vote in the United Kingdom. Stocks fell to their lows of the day after UK Prime Minister Theresa May announced the delay of a key Brexit vote in the country's parliament. Originally, it was scheduled to be held Tuesday. The spread between the short-term 2-year Treasury note yield and its year counterpart further narrowed, potentially signaling an economic slowdown is ahead.

Last week, the 3-year Treasury note yield broke above the 5-year rate. This "yield-curve inversion" stoked fears that a recession could be on its way.

But strategists at MRB Partners think investors might be overreacting to the moves in Treasury yields.

Shares of Delta Air Lines fell nearly 9 percent after the company issued slightly lower revenue guidance for the fourth quarter. Delta's downturn dragged American Airlines and United Continental, as they pulled back 7. America's 24 dying industries. Americans from out of state have likely moved to Utah also because of its robust job market.

Utah also has the sixth lowest poverty rate at just 9. Utah also has the lowest income inequality of any state. State residents in the 80th percentile of income only make 3. This is well below the national average of five times. A group of nine major Wall Street players plans to launch a new trading institution called Members Exchange.

What to watch next. Found the story interesting? MoneyWise Shoebox homes around the world that cost a fortune Lovemoney. Americans from out of state have likely moved to Utah also because of its robust job market.

Utah also has the sixth lowest poverty rate at just 9. Utah also has the lowest income inequality of any state. State residents in the 80th percentile of income only make 3. This is well below the national average of five times. The best countries to retire to in Lovemoney.