iPhone X delay rattle markets
After achieving all-time highs, the three major indices are looking to start the day on a down note. This comes as investors have major concerns about the price and shipping date for Apple’s new iPhone X. Yahoo Finance’s Alexis Christoforous, Jared Blikre, Justine Underhill, Rick Newman and Ethan Wolff-Mann discuss these and the other big stories we’re covering today.
Today’s topics:
Apple shares fall on delayed iPhone X launch
RBC: Excitement surrounding new Apple iPhone features will drive demand
Goldman Sachs shifts its strategy
Producer Price Index up 0.2% in August
Nordstrom closer to deal to go private
Target to hire 100,000 people for the holidays
Disney to delay release of next Star Wars movie
US Bain plans to buy Toshiba chip unit for $18B
Jobs are coming back to middle America
Philip Morris pledges $1B to stop cigarette smoking