Asia markets set to fall as investors watch Japan and South Korea data; U.S. inflation numbers on horizon

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6 Hours Ago

Apple stock falls as company unveils iPhone 15

Apple stock slipped 1.8% Tuesday after the company unveiled the iPhone 15 at its “Wonderlust” launch event in Cupertino.

The latest handset in the popular iPhone line of smartphones boasts a 48 megapixel main camera, the A16 Bionic chip and 4K cinematic mode. The iPhone 15 is also made with 75% recycled aluminum and 100% recycled copper. The iPhone 15 will start at $799 for the base model, $999 for the Pro and $1199 for the Pro Max.

— Brian Evans

10 Hours Ago

October WTI crude oil futures reach highest since last November

October West Texas Intermediate crude oil futures climbed as high as $88.45 a barrel (42 gallons) early Tuesday, the highest since Nov. 15, 2022.

WTI hasn’t closed above above $90 a barrel since last Nov. 11.

November Brent futures — the global benchmark — also hit a 10-month high Tuesday, reaching $91.50 a barrel.

Permian Resources, Range Resources, EQT, Denbury and other energy plays are all up 1% or more in early trading.

— Scott Schnipper, Gina Francolla

7 Hours Ago

Energy notches biggest sector gains Tuesday

7 Hours Ago

Information technology underperforms the S&P 500, but some chip stocks shine

Information technology was the biggest laggard in the S&P 500, with the sector last down by 1.2%. Oracle dragged on the sector, dropping more than 12%. Apple shares lost 1.5%.

However, some semiconductor stocks such as Nvidia and Qualcomm were higher by 0.4% and 1.2%, respectively. Intel shares rose 1.9% after the chip company said it would sell a roughly 10% stake in its IMS Nanofabrication business to TSMC.

— Sarah Min

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