Study links iPhone rollout to decline in US birth rates
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Stocks resumed their slide as technology shares remained under pressure and investors trimmed positions ahead of a key inflation reading in the US. Gold dropped.
Asian equities were set to fall as tensions escalated in the Middle East after US forces struck Iran, while technology stocks remained under pressure on Wall Street. Crude oil climbed.
JM Smucker Co. said it planned to lower coffee prices next year as the cost comes down.
Gold and silver extended declines as an uptick in Middle East tensions refocused investor attention on prolonged energy-market tightness that may lead to higher interest rates.