US stocks dip ahead of Apple launch, Fed report
AFP
September 7, 2016 22:14 MYT
September 7, 2016 22:14 MYT
Apple shares advanced 0.2 percent a few hours before the San Francisco event.
US stocks opened slightly lower Wednesday ahead of Apple's expected launch of a new iPhone and the Federal Reserve's "Beige Book" report assessing economic conditions around the country.
Apple shares advanced 0.2 percent a few hours before the San Francisco event, which could also see the introduction of a second-generation smartwatch.
Five minutes into trade, the Dow Jones Industrial Average was at 18,513.47, down 0.1 percent.
The broad-based S&P 500 lost 0.1 percent at 2,183.91, while the tech-rich Nasdaq Composite Index dipped less than 0.1 percent to 5,275.41.