Stocks to Watch: Inflation, iPhones, Auto Strikes, Apple, Adobe, Oracle, Moderna, Lennar, and More
This week, investors will be closely watching key inflation data, the release of new iPhones by Apple, and the looming deadline for labor negotiations in the auto industry. The Consumer Price Index (CPI) for August will be released on Wednesday, with expectations of a rise in headline inflation driven by increasing oil prices. Apple's fall event on Tuesday is expected to unveil new iPhones, Apple Watches, and a new charging port. The United Auto Workers and automakers Ford, General Motors, and Stellantis face a September 14 deadline for contract negotiations, with the possibility of a strike. Last week, concerns over inflation and China's economy led to choppy trading in the markets.
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