European markets open slightly lower; Apple releases latest iPhone

In the U.S., the S&P 500, Dow Jones industrial average and Nasdaq composite all surged to record finishes on Tuesday as investor concerns regarding North Korea and Hurricane Irma appeared to fade.

However, gains on Wall Street were capped by a decline in Apple’s shares. The stock fell around 0.6 percent amid disappointment the company would not begin taking orders for its eagerly awaited iPhone X model until October.

On the data front, the International Energy Agency (IEA) is due to release its monthly oil report at around 9 a.m. London time on Wednesday.

Leave a Reply

Your email address will not be published. Required fields are marked *

five × two =