U. S. technology stocks fell sharply last week, but rebounded on Friday, which seems to signal that the endless sell-off is nearing the end. Still, Apple Inc's share price sends a warning signal that even Friday's rebound is hard to make up for.

Apple Inc shares have played a role in stabilizing the market over the past year or so, but Apple Inc shares fell sharply last week, falling 9 per cent as of Thursday. Despite Friday's rebound, Apple Inc shares underperformed the S & P 500 this year. Analysts warn that the situation is worrying.

Nicholas Colas, co-founder of DataTrek Research, said: "this sign is disturbing, the market is so difficult, Apple Inc is one of the best stocks, but investors are still not interested." He believes that investors selling Apple Inc shares is part of the general trend, avoiding risk is the general trend.

Apple Inc shares have outperformed the S & P 500 for most of this year. Apple Inc has the largest weight in the S & P 500. after all, its valuation is more than $2 trillion, which will largely influence the direction of the index. If Apple Inc's share price continues to fall this week, it could trigger another fall in the index.

Kim Forrest, chief investment officer and founder of Bokeh Capital Partners, said: "when the biggest stocks continue to fall, do you want the S & P 500 to rise?" Mathematically, it's impossible. " She believes that the sudden drop in Apple Inc's share price has chilled investors.

Apple Inc shares rose 3.2% on Friday, but fell more than 6% last week, wiping out $165 billion in market value. Last Wednesday, thanks to rising oil prices, Saudi Aramco surpassed Apple Inc in market capitalization.

When the market is in turmoil, investors tend to use Apple Inc stock as a safe haven because of their high profits. But now investors are selling speculative growth stocks because their valuations are based on future profit commitments and are more vulnerable to high interest rates and inflation.

Forrest believes that, on the other hand, the sell-off could mean that investors eventually succumb and share prices may rebound.

Despite the sell-off, they continue to invest, and they are still buying Apple Inc shares. In the five days leading up to May 11, Apple Inc ranked second among stocks bought by individual investor traders.