Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Street
The Street
Business
Martin Baccardax

Stocks lower, Apple Wonderlust, 10-year auction, Oracle, WestRock

Five things you need to know before the market opens on Tuesday September 12:

1. -- Stocks slip lower with Apple iPhone event, 10-year bond auction in focus

Markets are looking for another tech-led boost for stocks Tuesday with the Apple iPhone launch event in focus, but a key 10-year Treasury auction could dictate the day's direction.

2. -- Apple iPhone 15 launch, dubbed 'Wonderlust', faces stiff China, US headwinds

Upgrade fatigue, fading consumer spending and new political challenges in China provide a difficult backdrop for Apple's iPhone 15 launch event.

3. -- 10-year Treasury bond auction on deck amid government shutdown, inflation concerns

A soft auction of 3-year notes yesterday, which drew the weakest foreign demand in nearly a year, has bond traders on alert for today's $35 billion sale of re-opened 10-year notes.

4. -- Oracle slumps as muted near-term cloud outlook offsets solid Q1 earnings

A softer near-term sales outlook, despite an expected boost from AI investments, has Oracle shares facing a $34 billion hit Tuesday.

5. -- WestRock surges after $20 billion merger with package giant Smurfit Kappa

Atlanta-based WestRock has agreed to a $20 billion merger with Ireland's Smurfit Kappa that will create the world's biggest packaging and materials company.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.