US Market Outlook: US Apple continues to decline, Nasdaq Composite Stock Price Index starts falling 197.36 points

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Number of new US unemployment insurance claims decreased 13,000 from the previous week to 216,000 - expected 233,000
The number of new US unemployment insurance claims last week decreased by 13,000 from the previous week to 216,000. The median economist forecast compiled by Bloomberg was 233,000. There were 229,000 cases the previous week. The preliminary report value is 228,000.

U.S. Labor Productivity, April-June Fixed Value Rises 3.5% - Expected 3.4% Increase
The US labor productivity index (fixed value) for April-June (second quarter) rose 3.5% per year from the previous fiscal year. The median economist forecast compiled by Bloomberg was up 3.4%. Preliminary figures rose 3.7%.

What is the reason for the fall in Apple stock prices?
$Apple(AAPL.US)$ The company's stock was traded at $183.63, down 3.6%, on Wednesday afternoon (EST), in response to WSJ reports suggesting that China banned government officials from using iPhones at work while the overall market remained soft.

[Column] The Labor Market Is Not a Guidepost for Inflation
While various factors such as unstable commodity prices, supply chain congestion, and cash benefits for economic countermeasures are intertwined, it seems that for central banks that are trying to keep the inflation rate below 2%, the only thing they really trust as a “signpost” is the tightness of the labor market. Unfortunately, it's just a “compass that seldom shows the exact direction.”