The Closing Bell 🔔

Markets made small gains after opening lower amid tensions between North Korea and Japan. The Dow is up 0.26% and the Nasdaq is up 0.30%.

Laura Sanicola
Aug 29, 2017 · 1 min read

📱 Apple shares reached a record intraday high as excitement over the September 12th launch heightens. iPhone sales are expected to see record demand, according to the IDC, a market intelligence firm.

Best Buy reported better-than-expected earnings and revenue early Tuesday. However, its shares fell nearly 12% after its CEO warned in a call to analysts that the good times may not last.

Oil stocks are still down as Harvey hit oil demand more than it hit supply. Supply is in large part being offset by America’s shale oil boom. Texas refineries remained closed and drivers off the road.

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Laura Sanicola

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Writer for@CNNMoney working on #CNNMoneyStream

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