Stocks end session mixed, Apple in focus

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Apple stocks skyrocket after the new iPhone release

Rob Luna, Surevest CEO & Chief Investment Strategist, discusses why Apple shareholders are in luck after the iPhone 11 got released.

U.S. stocks ended Tuesday mixed as Apple unveiled a new suite of products, including the latest iPhone and a streaming service to rival the likes of Netflix, Disney and Roku.

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CEO Tim Cook helped unveil a new suite of iPhones which helped the stock reverse earlier losses ending the session higher.

TickerSecurityLastChange%Chg
AAPLAPPLE INC.220.70+0.80+0.36%
ROKUROKU INC150.52+0.98+0.66%
DISWALT DISNEY COMPANY136.31+0.51+0.38%
NFLXNETFLIX INC.298.60+4.31+1.46%

The Nasdaq Composite fell, while the Dow Jones Industrial Average and the S&P 500 pushed out small gains.

TickerSecurityLastChange%Chg
I:DJIDOW JONES AVERAGES27110.8+33.98+0.13%
SP500S&P 5003005.7+7.74+0.26%
I:COMPNASDAQ COMPOSITE INDEX8186.016151+32.47+0.40%

In other stock news, Ford shares tumbled after Moody's downgraded the automaker's debt citing "considerable operating and market challenges facing Ford," adding that weak earnings and cash generation are likely while Ford carries out it restructuring plan. Wendy's also tumbled after disclosing that future profits would be lower than expected as the restaurant rolls out breakfast nationwide.

TickerSecurityLastChange%Chg
FFORD MOTOR COMPANY9.28-0.02-0.22%
WENTHE WENDY'S COMPANY20.09+0.53+2.71%
TGTTARGET CORP.107.28+0.32+0.30%

On the hiring front, Target said it will hire 130,000 seasonal workers becoming the latest retailer to roll out a holiday hiring push.

Investors are also taking a wait-and-see approach to equities ahead of what could be a fresh round of global rate cuts. The European Central Bank meets Thursday, followed by the Federal Reserve meeting the following week.

U.S. investors appeared unfazed on news President Trump fired National Security Advisor John Bolton. A replacement is expected to be named in a matter of days, according to reports.

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The Associated Press and FOX Business' Ken Martin contributed to this article