The Dow Jones Industrial Average Drops Over 100 Amid Volatile Trading After rebounding in the first Responding to lower-than-expected US inflation numbers
At 9:04 p.m. Thai time, the Dow Jones Industrial Average stood at 34,750.13, minus 119.50, or 0.34%.
The Dow Jones Index rose early. While investors eased concerns about the Federal Reserve (Fed) to raise interest rates. and a reduction in the amount of the bond purchase program following the quantitative easing (QE) measures after the release of lower-than-expected inflation figures.
The U.S. Department of Labor released the Consumer Price Index (CPI), a measure of inflation based on consumer spending, showing that the CPI rose 0.3% in August month-over-month. It was lower than analysts’ estimates of 0.4% after a 0.5% gain in July.
Year-over-year, the CPI rose 5.3 percent in August, below analysts’ forecast of 5.4 percent, after rising 5.4 percent in July, the highest level since August. 2008
Excluding food and energy, the core CPI rose 0.1% in August month-over-month. It was 0.3% lower than analysts’ expectations after a 0.3% gain in July.
Year-over-year, the core CPI rose 4.0 percent in August, below analysts’ forecast of 4.2 percent, after rising 4.3 percent in July.
Investors will keep an eye on the Fed’s Sept. 21-22 policy meeting for signs of a QE cut and interest rate hikes. After the release of lower-than-expected inflation figures today.
apple share price Inc. is up 0.6% today ahead of a new iPhone launch event tonight.
Tim Cook, Apple Chief Executive Officer A new iPhone launch event will be held today at 10 AM US time. or during midnight, grilling into September 15, Thai time
Apple is expected to name the new iPhone 13, which will come in four models: the iPhone 13 mini with a 5.4-inch display, the iPhone 13 with a 6.1-inch screen, the iPhone 13 Pro with a 6.1-inch screen and the iPhone 13 Pro Max with a 6.7-inch screen. finger
The Apple Hub, a blog that collects the latest information about Apple, has revealed that all iPhone 13 models launched today will have the same starting price as all iPhone 12 models launched in October last year.
The iPhone 13 mini is expected to start at $699, the iPhone 13 is at $799, the iPhone 13 Pro is at $999, and the iPhone 13 Pro Max is at $1,099.
The iPhone 12 mini is priced at $699 last year, the iPhone 12 is $799, the iPhone 12 Pro is $999, and the iPhone 12 Pro Max is $1,099.
The iPhone 13 will use satellite communication technology to send messages in emergency situations. If the mobile user is in a place where there is no cell signal
Additionally, Apple will be adding the camera and 5G chip in the iPhone 13, as well as a bigger and more efficient battery. while the screen will have a better refresh rate for gamers.
Apple is expected to begin accepting pre-orders for the iPhone 13 in tier-1 countries, including the US, UK, Canada, Australia, China and Japan on Sept. 17, and will be available in the Apple Store on Sept. 17. 24 Sep.
Meanwhile, Apple is preparing to launch the Apple Watch Series 7 and AirPods 3 today as well.