CNBC Daily Open: Markets were on mute for Apple's new iPhones

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Apple’s new iPhones couldn’t silence stocks’ September slump. But that’s not really something to worry about.

Wednesday as investors digested data from the region. South Korea's unemployment rate fell to a record low of 2% in August, while Japan's wholesale inflation rate last month slowed to 3.2% year on year.and iPhone 15 Pro, both of which come in a bigger Plus variety, at its annual launch event Tuesday. Both have swapped out Apple's proprietary Lightning connector for USB-C. Surprisingly, Apple kept the price of the iPhone 15 Pro unchanged from last year at $999.

The company also refreshed its high-end Apple Watch Ultra with an updated chip and screen.Google's searching for a lawsuit win, which began Tuesday, is one of the biggest tech antitrust trials in decades. The Department of Justice alleges that Google sustains its dominance in internet search by paying billions to be the default search engine across browsers and devices, choking off competitors. Google claims its search product's popular because of its continued innovation.

Source: News Formal (newsformal.com)

 

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