Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL -0.68% fell 3.5% in morning trading Monday, amid a broad stock-market selloff on the back of fears over the global spread of COVID-19. The selloff has pulled the stock below the widely followed 50-day moving average for the first time in nearly six months. The stock was trading at $302.25, while the 50-day moving average, which many chart watchers use to track the short-term trend, currently extends to $305.82, according to FactSet. The last time Apple's stock traded below the 50-day average intraday was Sept. 3, 2019, while the last time the stock closed below the 50-day average was Aug. 23. The stock is still well above the 200-day moving average at $240.08, which many view as a dividing line between longer-term uptrends and downtrends. Meanwhile, the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.17% fell 769 points, or 2.7%, to move below its 50-day average at 28,810 but above the 200-day moving average at 27,225.