Indices· September 09, 2026 at 11:55 PM
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
NeutralMedium impact
AI summary
The long awaited $2,000 iPhone Duo is here but it’s the market that folded on Wednesday, as higher oil prices and lower bond buybacks weighed on investors’ moods. The Dow Jones Industrial Average lost 0.8% while the S&P 500 fell 0.5% and the Nasdaq Composite slipped 0.6%. John Ternus, its new chief executive, faces increasing pressure to introduce newer, exciting products rather than incremental enhancements to get consumers to upgrade their smartphones more frequently.
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