STOCKS EDGE HIGHER TO NEW RECORD: Here's what you need to know

Business Insider | 9/14/2017 | Joe Ciolli
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Stocks nudged higher to a new record as investors weighed new inflation data in an attempt to forecast the Federal Reserve's next move.

The S&P 500 rose less than 0.1%, up slightly from a new record high reached on Tuesday. Meanwhile, the Dow rose 0.2%, while the more tech-heavy Nasdaq increased 0.1%.

First - Scoreboard

First up, the scoreboard:

1. Apple's iPhone X event is impacting other stocks across the market. That includes such companies as Dolly Labs, Snap, Samsung and Western Digital.

Apple - Watch - Traders - Retailer - Swatch

2. Apple's new watch has traders punishing one massive retailer. That would be Swatch, which is seeing big share declines, while options traders position for further weakness.

3. Societe Generale says 'dangerous volatility' is inciting flashbacks to the financial...
(Excerpt) Read more at: Business Insider
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