Independent voices from the TWT Communities
Apple, the most valuable company in the U.S., slumped Friday, helping to drag down the stock market. A lack of progress in federal budget talks also discouraged investors.
Investors remain confident the two sides will reach a deal soon, said Todd Morgan, a founder of Bel Air Investment Advisors in Los Angeles.
"People want to move ahead and get past this," Morgan said. "The uncertainty around it is what's making people nervous."
