South Korean Unemployment Hits 23-Year Low as Japan Confidence Slips; Apple Falls on iPhone 15 Launch; Oil Jumps to 10-Month High

South Korea's unemployment rate fell to 2% in August, the lowest since June 1999. Japan's business confidence declined in September.
Apple stock fell 1.8% after unveiling the iPhone 15, starting at $799 for the base model.
October WTI crude oil futures reached a 10-month high of $88.45 a barrel. Energy stocks rose.
Information technology dragged on the S&P 500, but some semiconductor stocks like Nvidia and Qualcomm gained.
A $16 billion lawsuit payout is expected to send a U.S. and UK dual-listed stock soaring, according to analysts.

cnbc.com

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8/30/2023

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