Dow jones drops as inflation heats up; apple sells off on iphone news


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The Dow Jones Industrial Average dropped 200 points Wednesday, as a key inflation gauge outran estimates. Apple stock sold off on iPhone news, while Dow Jones stock JPMorgan slid despite


strong earnings results. Among the Dow Jones leaders, Apple (AAPL) sold off 1.3% Wednesday, while Microsoft (MSFT) moved up 0.9% in today's stock market. American Express (AXP), Merck


(MRK) and…