Apple Stock Plunges 0.64% to 13-Month Low Amid Broader Tech Selloff, Macroeconomic Anxieties

Apple Inc. shares plunged to a 13-month low on Monday, with the stock sinking 0.98% intraday before closing at a 0.64% loss. The decline marked the first time since September 2025 that the tech giant's valuation has dipped below key psychological thresholds, signaling renewed investor caution amid a broader market selloff in big tech equities.

Analysts highlighted a lack of catalysts to explain the sharp drop, as the company's recent earnings report and product roadmap have already been priced into the market. With no material guidance adjustments or supply chain disruptions reported, the move appears driven by macroeconomic anxieties rather than firm-specific developments. Investors continue to monitor central bank policy signals, with rising bond yields tempering enthusiasm for growth stocks.

Despite the near-term weakness, Apple maintains a robust balance sheet and dominant position in key markets. However, the stock's sensitivity to interest rate cycles remains a persistent headwind, particularly as speculative positioning suggests investors are rotating toward sectors perceived as more insulated from rate hikes. The absence of new product launches in the near term further limits potential upside catalysts for the stock.

Technical indicators show the stock has broken below critical support levels, raising the risk of further downward momentum in the absence of strong earnings surprises or strategic announcements. While long-term fundamentals remain intact, the current environment underscores the challenges of sustaining growth expectations in a tightening monetary policy regime.