U.S. Stocks Erase Earlier Gains as Apple, Microsoft Slump

U.S. Stocks Erase Earlier Gains as Apple, Microsoft Slump

Jerome Favre/Bloomberg

Apple lost less than 0.1 percent to $516.90, erasing a rally of 2.3 percent, erasing a rally of 2.3 percent, as Piper Jaffray analyst Gene Munster cut his price target on the shares to $875 from $900.