US STOCKS-Wall St slips on rate hike prospects; Apple weighs
* Apple falls as Credit Suisse reports components order cut
* China faces persisting deflationary pressure in Oct
* Gap falls after Oct comparable sales disappoints
* Indexes down: Dow 0.19 pct, S&P 0.13 pct, Nasdaq 0.48 pct (Adds details, update prices)
By Abhiram Nandakumar
Nov 10 (Reuters) - U.S. stocks were lower on Tuesday, dragged down by Apple, as investors braced for an interest rate hike by the Federal Reserve next month and worried about weakening demand in China.
Apple's shares fell 2.6 percent to $117.45 after Credit Suisse said the iPhone maker had lowered component orders by as much as 10 percent. The stock was the biggest drag on the three major indexes.
The report on Apple added to fears of a slowdown in global growth, especially in China, a key market for many U.S. companies including Apple, ahead of the crucial holiday shopping season.
Companies will also be hit with higher borrowing costs if the Fed raises interest rates off near-zero levels next month, as is widely expected after Friday's strong jobs report. Continuación...