Markets edge lower as US election and Iran strike unsettle investors
US shares were mixed and London stocks fell as voters headed to the polls. Apple dropped after warning that higher memory-chip costs would cut its profit margin.
US markets were mixed on Tuesday, with the Dow down 0.3 per cent, the S&P 500 up 0.5 per cent and the Nasdaq up 0.9 per cent around the London close. The Standard
Apple fell 3.4 per cent after saying rising memory-chip costs would reduce its profit from each dollar of revenue in the final three months of the year, despite stronger quarterly profit and revenue than analysts expected. Global News
Oil and elections added to investor uncertainty. Brent was trading at US$103.24 a barrel after US President Donald Trump confirmed a strike on Iran, while investors awaited the US midterm results. The Standard