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Apple Stock Rises Ahead Of iPhone 14 Debut, Fall Product Launch

Apple stock has been rising ahead of the company’s annual fall product launch event. The consumer electronics giant is seen unveiling the iPhone 14 series smartphones and other gadgets at an event in September. X Apple (AAPL) reportedly is gearing up for an iPhone 14 launch that’s at least as big as last year’s iPhone …

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Consumer confidence rises more than expected in August as gas prices drop

LPL Financial chief equity strategist Quincy Krosby on the importance of earning reports amid a bear market. U.S. consumer sentiment climbed more than expected in August as gas prices dropped nationwide, but Americans’ confidence in the economy remains near a record low.  The University of Michigan’s consumer sentiment index rose to 55.1 in August – …

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Hope for smaller rate rises to lift Wall Street, oil gains

LONDON, Aug 11 (Reuters) – Wall Street headed for another day of gains on Thursday as investors banked on peaking inflation persuading central banks to dial back on their anticipated interest rate hikes in September. The prospect of less aggressive tightening in borrowing costs sent the dollar lower, while oil prices rallied after the International …

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