US stock markets closed in negative territory, with the major indices recording declines. Investors expressed concern about an inflationary crisis that continues to affect the economy.
Oil was up during the session, contributing to the tense atmosphere in the markets. This rise in crude oil exacerbated inflation-related fears.
Apple presented the new iPhones, including the Duo model, but the reaction from investors was cool. The technology company closed the day with a slight drop in its shares, indicating that the new products failed to excite the market.
