Foxconn Technology Group said on Sunday that it is investigating its Chinese factory that makes Amazon devices, after new evidence from the New York-based China Labor Watch exposed the “unethical and illegal” working conditions at the manufacturing plant.
For much of the overnight session, the market's attention was focused on North Korea's amicable reaction to Trump's cancellation of the June 12 summit, generating a build up of risk-on sentiment. Then things started to go south...
"Has the Apple gone sour?" That's what JPM wants to know after looking at plunging iPhone X, and is revising its forecast for iPhone production to tumble 50%, "even larger than the decline of the iPhone 8/8+."
U.S. equity futures point to a higher open in the second to last trading day of 2017 as the dollar slid against most major currencies, headed for its worst year in more than a decade as oil, gold and most industrial metals rise.