Apple disappointed markets during its 'Awe Dropping' event unveiling the iPhone 17, with shares sliding 3.2%.

August brought a fresh increase in annual inflation, which rose to 2.9%, the highest level since January.

Wall Street extended its record-breaking run the week of Sept. 8, driven by surging investor confidence in future Federal Reserve rate cuts and expectations of robust growth by AI-driven companies.

Despite rising inflation and growing cracks in the labor market, traders are placing firm bets on a series of lower interest rates. The Dow Jones Industrial Average closed Thursday, Sept. 11, at a record 46,108.

August brought a fresh increase in annual inflation, which rose to 2.9%, the highest level since January. However, a concurrent rise in jobless claims — 263,000 in the fi

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