Ear on the Fed, eye on tariffs, stomach for Apple

US STOCKS finished last week more or less flat but technology stocks were lower, because of the so-called "Facebook crash".

This week, the direction of the market will hinge on the Federal Reserve's Wednesday policy statement; any developments in trade disputes; and earnings from the biggest tech stock of them all, Apple.

Shares of Facebook registered the biggest single-session dollar loss of any stock in US history on Thursday, losing US$119 billion in market capitalisation, roughly half the annual GDP of Singapore.

Facebook's …