Markets Rise as Apple Hits New High Amid Ongoing US Shutdown
Originally Published 2 months ago — by Investing.com
U.S. stock futures are higher amid hopes for easing trade tensions between the U.S. and China. Apple’s iPhone 17 outperformed its predecessor by 14% in the first 10 days, driven by strong sales in China and the U.S. The luxury brands Kering and L’Oreal announced a 4-billion euro deal, with L’Oreal acquiring parts of Kering’s beauty business. China’s economy grew 4.8% in Q3, the slowest in a year, while gold prices steadied near recent highs as markets responded to trade optimism.