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Shake Shack, Apple iPhone 15, consumer sentiment: Market movers

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Shake Shack (SHAK) shares tick up following an upgrade by Northcoast Research analysts citing seasonal commuter traffic forecasts. Apple (AAPL) opens up pre-orders for the new iPhone 15, with delivery dates of certain models being pushed back. Steelmaker Nucor (NUE) sees its stock move lower on weakened guidance tied to business slowdowns.Yahoo Finance Live’s Julie Hyman and Diane King Hall discuss which stocks are making moves this morning, while also breaking down the drop in consumer sentiment data reported by the University of Michigan.

The Salesmen Laughed At The Old Man Who Went To Buy A Car, This Is What Surprised -- Stocks dropped, with Friday’s $4 trillion triple witching options event potentially amplifying volatility and traders weighing a raft of economic data ahead of next week’s Federal Reserve decision.

STORY: China has slammed the European Commission's decision to investigate its electric vehicles subsidies.Beijing called the probe a 'protectionist act', and warned it could hurt economic and trade relations.Thursday's angry words came in response to an announcement the day before by Commission President Ursula Von Der Leyen:"Global markets are now flooded with cheaper Chinese electric cars. And their prices kept artificially low by huge state subsidies.

 

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