All Eyes on Apple as Major U.S. Markets Open Lower Extending Losses
Stocks extended Monday's losses. Major U.S. markets were lower at the opening bell Tuesday. All eyes will be on Apple (AAPL) today as the tech giant unveils its latest products. The event is set to take place at 1 pm, eastern in Cupertino, California. Apple is widely expected show off the newest version of its iPhone and reveal the much anticipated iWatch. Home Depot (HD) is a stock to watch after the retailer officially confirmed a data breach. Home Depot's investigation is looking into transactions made as far back as April. The company does say there is no evidence that shoppers' debit PIN numbers were compromised. McDonald's (MCD) saw same-store sales in August drop 3.7 percent. The shortfall in sales was worldwide and exceptionally down in the Asia-Pacific, Middle East and Africa region. General Mills (GIS) is buying organic foods company Annie's (BNNY). The deal is for about $820 million in cash.
