<ul><li>The stocks of top tech companies, including Apple, took a hit on Monday, with concerns over the economic impact of US President Donald Trump's tariffs.</li><li>Apple's stock is nearing its one-year low, standing at $164.08 on April 19, 2024.</li><li>The 'Magnificent Seven' high-performing tech stocks, including Tesla, have collectively lost over $6 trillion in market value since their peak in late 2024.</li><li>The members of the 'Magnificent Seven' experienced significant drops, with Apple falling 4.8% and other companies ranging from 1.5% to 4.8%.</li></ul>

Apple stock nears one-year low

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