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 UnderhillRick 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

Twitter Poll:
Who should take credit for cities bouncing back in the Midwest and South: President Trump, state lawmakers, CEOs or small businesses?

 

 

 

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