Is the reported China iPhone ban 'more bark than bite'?

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Is the reported China iPhone ban 'more bark than bite'?
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The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Stocks rise Apple steadies Knock-on effects 1. Stocks rise U.S. equities climbed higher Friday, as the market tries to break a three-day losing streak. The S & P 500 and the Nasdaq Composite both rose about 0.3%. Meanwhile, bond yields moved slightly lower, with that of the 10-year Treasury around 4.2%.

Morgan Stanley reiterated an overweight rating on the stock and $215-per-share price target. Apple stock was up 0.75% in midmorning trading, at nearly $179 a share. 3. Knock-on effects for Broadcom The headlines on China and Apple hit the entire semiconductor complex Thursday, including Club name Broadcom , which gets about 20% of its sales from its wireless business.

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