Apple falls 3.8%, drags down indexes

Posted: December 15, 2012 at 2:07 a.m.

Trader Neil Catania (left) works Friday on the floor of the New York Stock Exchange, where losing stocks outnumbered gainers.

Apple Inc. shares slumped Friday, helping to drag down the stock market. A lack of progress in federal budget talks also discouraged investors.

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Business, Pages 28 on 12/15/2012