Apple Falls on iPhone 6 'Selfie' Camera Complaints on Cyber Monday




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Summary: Stocks were off their lows but still treading lower in midday trading Monday on the worrisome start to the holiday shopping season. The ISM index showed factory activity in the U.S. slowed in November coming in slightly below expectations. Amazon (AMZN) is being closely watched as it trades lower on this Cyber Monday. Big box retailers like Walmart (WMT) and Target (TGT) are both in the red as they try to make up online what they missed in Black Friday sales. Shares of department stores are also declining led by JC Penney (JCP), which is down more than 5%. Kohl's (KSS) and Macy's (M) are following the trend across the retail industry. Apple (AAPL) is dropping, which could be a concern of a weak start in the holiday shopping season. The tech giant is also dealing with hundreds of iPhone 6 customers experiencing their phone's front-facing 'selfie' camera not working properly.