Hesitate before you hand your phone to police to show auto insurance coverage, professionals say|CBC News

Ontario drivers must reconsider turning over their unlocked phone to a law enforcement officer to show electronic proof of insurance, personal privacy specialists state.

The province announced recently that Ontarians can now bring car insurance coverage information on their smartphones rather of relying on paper copies. Financing Minister Rod Phillips heralded the convenience that move will bring– however privacy guard dogs aren’t precisely doing back turns about it.

“Handing your unlocked phone to a law enforcement officer raises a number of concerns,” stated Ann Cavoukian, executive director of the Worldwide Privacy and Security by Design Centre.

“Your phone is not simply a phone these days. It consists of an enormous amount of personal info that you might not wish to show others,” she said.

Phillips said recently the usual pink paper insurance slip isn’t being eliminated yet, however being able to display the details on a phone will be easier for lots of drivers.

“We’ve all had enough paper in our lives, a minimum of me, for one, I have actually experienced rummaging through the glove box, trying to find that little pink slip,” Phillips said. “Well, as of today, your rummaging days are over if you pick this electronic option.”

There will be an one-year phase-in duration where insurers will have to release a paper card in addition to the electronic option if it is asked for. The ministry did not immediately respond to concerns about what will happen after that year.

‘This ought to be optional’

Brenda McPhail, director of the personal privacy, innovation and monitoring job at the Canadian Civil Liberties Association, informed CBC News that the province’s messaging is everything about seeing benefit, and not thinking of any other implications.

“We need to beware that this isn’t yet another occasion where we’re being asked to hand over our personal privacy for the sake of expected benefit,” she stated.

“At a minimum, this must be optional.”

According to a recent publication from new regulator the Financial Solutions Regulatory Authority of Ontario, electric insurance cards in Ontario should have the ability to be viewed on a phone using “lock screen ability.”

“That is, the card should can being ‘locked,’ either by style or by the insurance policy holder activating the function and altering settings on their electronic mobile phone if required,” the bulletin reads.

“Lock screen ability is an essential privacy security function that is essential to make sure policyholders can lower the danger of privacy invasions when other individuals are viewing their insurance coverage card.”

The province stated in a statement that the onus is still on motorists to utilize the screen lock function and “make sure individual info is safeguarded.”

Private and individual

Andrew Clement, teacher emeritus with the professors of information at the University of Toronto, informed CBC News that when it pertains to phones and police, drivers must make certain they “retain control of it at all times.”

“Cops should be trained to make clear to people their right to maintain control,” Clement stated in an e-mail, adding that insurance coverage credentials must be quickly readable on a phone while still in its owner’s hand.

Canada has stringent rules around what an authorities officer can and can’t take a look at on individual’s phone when they are apprehended, and equally rigorous guidelines need to exist when it concerns this process, McPhail said.

“These days the intimate history of our lives is contained on our phones,” he said.

“It’s details about where we are, and when we exist and what we do. It’s details about who we understand and what we have actually said to them. It’s pictures of public events and potentially intimate minutes,” she said. “Essentially, the minutiae of our daily lives are contained on that little device.

“And it’s private, and it’s individual– and our courts have recognized that we have heightened expectations of privacy and cellular phones specifically because of both the quantity and the quality of the details they consist of.”

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Apple reveals iPhone 11 with much better electronic camera, night mode and brand-new colours|Sunrise

Apple has officially revealed three brand-new gadgets – iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max.The primary

enhancements are around the powerful electronic camera, which consists of a wide-angle lens for capturing more of the scene around you, the ability to take family pet pictures and Night Mode to complete with Google.Watch the full

story in the clip above

The designs are almost similar to predecessors, however, Apple has included brand-new colour options, with purple, white, green, yellow, black, and red all available.iPhone 11 features

the fastest chip of any smart device, and an effective new battery that charges much faster and lasts an hour longer than the iPhone XR.iPhone 11 comes in six new colours, and will be

offered for pre-order start Friday, 13 September and in shops beginning Friday, 20 September, starting at simply RRP AUD$1,199 inc. GST.Meanwhile the bigger Pro design-Apple’s most advanced iPhone to date-provides users five extra hours of battery life per day.More on 7NEWS. com.au The Pro has 3 video cameras on the back located in a new square layout, permitting premium image and video capturing.iPhone 11 Proand iPhone 11 Pro Max will be readily available in four finishes consisting of a new midnight green, and available for pre-order start Friday, 13 September and in stores starting Friday, 20 September. Rates start at AU$1749. The new devices are water-resistant up to 2 meters for approximately thirty minutes, double the depth of iPhone XR.Apple likewise revealed a November 1 launch date for streaming service Apple TV +and updates for the Apple Watch 5. For more Sunrise stories, click on this link

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Apple reveals iPhone 11 with a dual-camera system, Night mode, and brand-new colors – The Brink

Apple is introducing a successor to its iPhone XR today, called iPhone 11. The less expensive LCD-equipped iPhone XR has actually ended up being the most popular iPhone on the planet over the past year, and Apple is now upgrading it for 2019 and beyond.

Like last year’s design, the iPhone 11 consists of a 6.1-inch display screen, and the design is almost similar to last year, too, with the notch at the front for the Face ID camera. Apple is including brand-new color alternatives, with purple, white, green, yellow, black, and red all readily available.

Apple’s greatest style changes remain in the video camera at the back of the device. In 2015’s iPhone XR had a single 12-megapixel wide-angle cam, however the iPhone 11 now consists of a dual-camera system with an extra 12-megapixel ultra-wide electronic camera that supports 2x optical zoom. There’s even a new immersive electronic camera user interface that lets you see outside the frame, so you can see the information of the photos you’re taking with the ultra-wide cam.

The video camera is clearly a big deal here for Apple, and the business is adding multiscale tone mapping that handles highlights differently depending upon where they are. There’s likewise a brand-new high-key mono portrait result, and portrait mode itself will now deal with family pets.

Maybe the most significant addition is Night mode, to much better take on Google’s Pixel gadgets and Samsung’s newest Note 10 and S10 handsets. Night mode uses adaptive bracketing to improve shots taken during the night.

For video, you can tap to change between the ultra-wide and regular electronic camera and there’s assistance for 4K resolution approximately 60 fps, slow-mo, time lapse, and a brand-new extended dynamic range across both cams.

Even the front-facing cam is getting an upgrade, to a 12-megapixel TrueDepth wide-angle camera that you can turn to do landscape shots. The front cam can likewise do 4K/ 60 video and slow-mo, ideal if you’re going for some crazy selfie videos, or “slofies” as Apple calls them.

Inside the iPhone 11 is Apple’s latest A13 Bionic processor, and naturally it’s the “fastest CPU in a smart device” and also the “fastest GPU in a mobile phone.” Apple demonstrated the performance on phase with a game called Pascal’s Wager, which is launching on the App Store next month with some pretty outstanding looking mobile graphics. Other than the video gaming demo, Apple didn’t reveal any additional performance improvements with the A13.

Apple’s iPhone 11 will likewise include an additional hour of battery life over the iPhone XR, and what Apple calls “improved Face ID” that’s supposed to accelerate the face-scanning function. The iPhone 11 is even ranked to IP68 water resistance as much as 2 meters, whereas the iPhone XR was rated at IP67.

Apple is pricing the iPhone 11 beginning at $699, but the company hasn’t exposed a precise release date right now.

Developing. Inspect out our for the current updates!

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Apple’s new, lower priced iPhone draws tepid response in Asia – Reuters

HANGZHOU, China/SEOUL (Reuters) – Apple Inc’s (AAPL.O) brand-new, lower priced iPhone that features a much faster processor but does not have 5G innovation disappointed Asia, where cheaper and feature-packed handsets from rivals are already available.

SUBMIT PHOTO: CEO Tim Cook provides the brand-new iPhone 11 at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Picture

The iPhone 11, released on Tuesday for $50 less than in 2015’s base XR model, was consulted with a limp reaction from social networks users in Asian markets that are controlled by Huawei Technologies and Samsung Electronics (005930. KS).

Reducing the entry price point, a rare move from Apple, was likely an effort to bring in purchasers in China, where Apple has ceded ground to Huawei due to a surge in support from patriotic Chinese consumers after the Chinese brand name was captured in the U.S.-China trade standoff, stated analysts.

In spite of the decrease, the iPhone 11, and even the higher-end designs with more camera lenses, are set to come up short in Asia.

“Apple’s new phones were no surprise at all. Only concrete change is having an additional cam on their premium model,” said Park Sung-soon, an expert at Seoul-based Cape Investment & & Securities.

“Nevertheless, it is visible that Apple has made a cost cut for the newest iPhone for about $50, which is an extremely uncommon move for the company. The move might be intending to handle and lower possible threats drawn by the U.S.-China trade war.”

The iPhone 11 will have two back cams and is priced starting at $699, below $749 for the XR in 2015. On Tuesday, Apple likewise dropped the cost of the XR by $150.

The more pricey iPhone 11 Pro will have 3 electronic cameras on the back and begins at $999. The larger screen iPhone 11 Pro Max begins at $1,099.

(Graphic: Apple unveils brand-new iPhones – here)

“Because we still need to wait a year for 5G, why not simply purchase Huawei on Monday,” stated one user on China’s Twitter-like service Weibo. Huawei and smaller rival Vivo have actually currently launched 5G designs in China, and Samsung in South Korea.

A meme doing the rounds on Chinese social networks featured Apple Chief Executive Tim Cook extoling the brand-new features and Richard Yu, CEO of Huawei’s customer business group, shutting him down by pointing out that Huawei has actually had those features for several years.

“(Apple) simply added another cam lens and called it a brand-new feature, meanwhile it is still too costly,” stated a user on South Korea’s Naver.com web portal.

Among the primary draws of the new launch for U.S. purchasers – a $5 monthly Netflix-like streaming service – will not be readily available in China.


Counterpoint expert Neil Shah stated the entry price, while decreased by Apple, stays high compared to regional competitors. Integrated with the lack of 5G, that made the brand-new iPhones “less appealing and future-proof” for Chinese customers, Shah said, anticipating that Apple will sell 30-35 million iPhones in China this year, below 63 million phones in 2015.

Apple’s share of the China market in the June quarter fell to 5.8% from 6.4% in the year earlier duration, according to research study firm Canalys. It has actually also lost ground in South Korea, with market share dropping to 11.2% from 12.5%, according to research study firm Strategy Analytics.

In India, a market that Apple has said is key for growth, response to the brand-new phones was muted too.

“I do not think customers will buy more iPhones now due to the fact that the new designs sport more cams, it will not move the needle much for them,” stated Navkendar Singh, research study director at IDC India.

Clients in India who care more about owning Apple-branded phones over the current design are now likely to purchase the reduced XR rather, Singh stated.

Still, some experts said that Apple’s decision to lower the entry cost for the new iPhone, among the most gone over topics on Weibo on Wednesday, was a favorable indication.

“We think the lower iPhone 11 price point and trade-in program will assist promote upgrades, particularly in China, while the Apple Arcade and TELEVISION+ offerings will help speed up services development,” CFRA expert Angelo Zino said in a research study note.

The brand-new phones will be readily available to order on Friday and start delivering Sept. 20.

Reporting by Josh Horwitz in Hangzhou, Heekyong Yang in Seoul, Brenda Goh in Shanghai and Sankalp Phartiyal in Mumbai; Writing by Sayantani Ghosh; Editing by Jane Wardell and Muralikumar Anantharaman

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Apple Officially Introduces the iPhone 11, Offered in Purple and Green

Apple has officially introduced its iPhone 11, iPhone 11 Pro and iPhone 11 Max to the general public. The Edge reports that comparable to the iPhone XR, this device includes a 6.1-inch screen and a notch at the front for the “Face ID” camera. Furthermore, the item will be available in purple, white, green, yellow, black, and red.Specs on the iPhone 11 include a dual-camera system showing up with a 12-megapixel ultra-wide cam, an additional hour of battery life and an “enhanced Face ID.” The aforementioned electronic camera supports 2x optical zoom and a brand-new camera interface that lets you see outside the frame. This indicates that you’ll have the ability to see the information of the pictures you’re snapping. Notably, the updated version of “Face ID” will apparently make the face-scanning process quicker.The Edge also reports that the iPhone 11 is equipped with Apple’s newest A13 Bionic processor, making it the “fastest CPU in a smart device.” It’s likewise crucial to keep in mind that the most recent mobile phone is ranked to IP68 water resistance up to two meters, the iPhone XR was ranked at IP67.AppleIf you’re wondering what separates the iPhone 11 Pro and iPhone Pro Max from the abovementioned design, these gadgets will come in space gray, silver, gold, and a new midnight green color. Notably, they will introduce with a three-camera set-up, the A13 Bionic chip and have been optimized for low-light settings with the help of Dark Mode.Apple’s iPhone 11, 11 Pro and 11 Max will begin delivering on September 20. Preorders are set to begin on Friday, September 13 at 8 a.m. EST on Apple’s website. Prices for the iPhone 11 starts at $699 and $999 USD respectively. The iPhone Prox Max rates out at $1099 USD and will likewise begin delivering on September 20.

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In the middle of protests, U.S. lawmakers state Hong Kong guidelines might leakage tech to China – Reuters

FILE PHOTO: Flags of China, Hong Kong and the U.S. fly next to each other along Fenwick Pier, in Hong Kong June 27, 2013. CREUTERS/Tyrone Siu

WASHINGTON (Reuters) – A group of U.S. senators asked President Donald Trump’s administration on Tuesday to examine U.S. export guidelines for Hong Kong, revealing issue China could get sensitive technologies due to the fact that of the city’s unique treatment under U.S. law.

The Republican politician and Democratic legislators likewise expressed issue about the use of crowd control devices against protesters, looking for to put pressure on Beijing after three months of street protests, including in some cases violent clashes between demonstrators and authorities.

“We think it is important that the United States take appropriate steps to make sure China does not abuse Hong Kong’s special status under U.S. law to take or otherwise obtain crucial or delicate U.S. devices and innovations in assistance of its strategic objectives or to infringe on the rights of people in Mainland China, Hong Kong, and somewhere else,” the senators said in a letter to Secretary of Commerce Wilbur Ross and Secretary of State Mike Pompeo.

The letter asked for “comprehensive details” about the existing status of the U.S. export control program and an assessment, in writing or through an instruction, as well as an update on any interagency discussions on revamping U.S. export controls as a way to resolve what the senators referred to as “China’s ongoing disintegration of Hong Kong’s autonomy.”

The letter asked for a response by Oct. 1.

The letter was signed by the Republican chairman and ranking Democrat on the Foreign Relations Committee, Senators Jim Risch and Bob Menendez, and their equivalents on the Banking Committee, Republican Mike Crapo and Sherrod Brown.

It was also signed by Republican Senators Cory Gardner, Marco Rubio and Pat Toomey, and Democrats Ed Markey, Ben Cardin and Jack Reed.

Hong Kong went back to Chinese rule in 1997 under a “one nation, two systems” formula that guarantees flexibilities not taken pleasure in on the mainland. But numerous Hong Kong locals fear Beijing is steadily wearing down that autonomy.

Weeks of demonstrations over a now withdrawn extradition costs have actually developed into a more comprehensive backlash versus the federal government and higher require democracy.

Reporting by Patricia Zengerle in Washington; Editing by Chris Reese and Matthew Lewis

This content was originally published here.

Compared to Android flagships, the iPhone 11 has no noteworthy features

Android users have actually been making the joke for many years: Apple is “innovating” by offering its iPhone features that Android phones had 2 years ago.

This year, however, it rings truer than ever.

The three new iPhones, introduced on Tuesday, have faster chips and better electronic cameras than their predecessors. They also have much better water resistance, tougher glass, and better battery life, to name a few (small) improvements. To anyone who has an old iPhone (especially if it’s 2 or more years of ages), they will be an improvement. And, because Apple so seldom ruins when it pertains to the iPhone, they’re bound to be great phones, overall.

This is the first time that I can not point to any substantial iPhone function that hasn’t existed on Android phones for years.

The triple rear video camera combination has practically been the requirement on flagship smart devices for over a year. Huawei’s P20 Pro had a triple rear cam in April last year; LG’s V40 ThinQ had it in October 2018. Especially, LG’s flagship has a really similar setup to the iPhone 11 Pro/Pro Max, consisting of wide, ultra-wide and zoom sensing units.

As far as other new iPhone functions go, like Night Sight, Google’s Pixel has actually been doing night photography much better than the iPhone for a while, and recently, Samsung and Huawei captured up as well.

The triple rear cam is good. There are way less expensive Androids with quad rear cameras and higher megapixel counts already.

Image: Apple

You do not even have to take a look at really expensive flagships to see how badly the iPhone is trailing Android. Xiaomi’s recently revealed Redmi Note 8 pro has a quad rear electronic camera with a 64-megapixel primary sensing unit on the back, and a 20-megapixel sensor on the front. It begins at $195. Apple’s “Pro” iPhones just go up to 12 megapixels, both front and back.

What else is there? Water resistance is a typical feature, as are OLED screens, and AI-enhanced camera tricks. A lot of Android flagships have more storage than the brand-new iPhones.

Also noteworthy is the lack of reverse wireless charging on the new iPhones, which Apple apparently quit due to the fact that it wasn’t approximately company standards. It’s possible that Apple has higher standards than other mobile phone makers, but Huawei and Samsung phones have actually had the function for a while and it works fine.

Obviously, we don’t know whatever about the iPhone 11– we do not know how fast it is (beyond Apple’s charts stating it defeats whatever else by a big, yet very inaccurate margin), how much RAM it has, or how big its battery is. Once again, typically, Android flagships have more RAM and bigger batteries than iPhones. Apple’s new, A13 Bionic chip may be much faster than the competitors; we’ll understand more about that when we test the phone.

So what it mainly boils down to is the software and services. Apple’s iOS is pretty fantastic, and Apple does generally make its software and hardware tick together in a manner that makes the experience somewhat smoother than on the majority of Androids. The bundled Apple TELEVISION+ deal is good, too– finally, iPhone buyers will feel like they’re getting something extra for their loan (last year’s iPhones didn’t even include a fast charger). And hello, the “slofie” thing, while probably not particularly beneficial, may be enjoyable.

Slofie is an interestingl function, however you can’t really call it innovative.Image: Apple However still– these are brand-new iPhones we

‘re speaking about. Innovating in the mobile phone area is getting harder as these devices are refined through the years, however can we have at least one wow-inducing, hardware feature? It hasn’t always resembled that. Apple was among the very first business to introduce the notch– like it or not– in addition to a secondary, 2x zoom cam. Yes, Android mobile phone makers, specifically those coming out of China, rushed to present comparable features, and some even beat the Cupertino business to the punch. At least it felt like a race. This is not to state that the brand-new iPhones will not be good or even terrific

phones. I was never dissatisfied with an iPhone purchase, and I have actually bought numerous for many years. And I do reserve final judgment until after I’ve had some hands-on time with them. But for now, it appears like the old joke about Apple’s”innovations “still stands. Reports has it that Apple will unveil even more fascinating upgrades to its iPhones next year

. I actually hope to see something insanely various and bold, which we have not seen from an Apple in a long time. Now that the business has placed its cheapest iPhone front and center, it can finally afford to experiment a little with the high-end models, no?

This content was originally published here.

S&P 500, Nasdaq edge down, drawing back with tech – Reuters

New York City (Reuters) – The S&P 500 and Nasdaq were down a little in Monday afternoon trading, led by losses in technology shares, as the market pulled back following gains last week.

FILE IMAGE: Traders deal with the flooring at the New York Stock Exchange (NYSE) in New York, U.S., September 9, 2019. REUTERS/Brendan McDermid

Microsoft Corp (MSFT.O) was the greatest drag on the S&P 500. SPX and Nasdaq.IXIC. Innovation stocks.SPLRCT fell more than 1% and were the greatest drag on the benchmark index.

Amgen fell 2.85% after analysts raised concerns about information on the business’s lung cancer drug, dragging the healthcare sector.SPXHC down 0.84%.

Financial stocks.SPSY increased 1.62%, with banks.SPXBK acquiring 3.28% and U.S. Treasury yields gained on rising bets of an interest rate cut in the U.S. Federal Reserve’s September meeting.

“The market is absorbing those gains from recently, and … is in a wait and see concerning the European Reserve bank conference,” stated Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey.

The European Reserve bank is expected to introduce brand-new stimulus steps at its meeting on Thursday.

Stocks rose recently on easing U.S.-China trade settlements and international political tensions in addition to increased hopes of a U.S. interest rate cut.

Sealing those expectations, Fed Chairman Jerome Powell stated late last week the central bank would “act as appropriate” to sustain financial expansion, a phrase that monetary markets have actually read as a sign of an approaching of rate cut.

The Dow Jones Industrial Average.DJI increased 19.37 points, or 0.07%, to 26,816.83, the S&P 500. SPX lost 4.89 points, or 0.16%, to 2,973.82 and the Nasdaq Composite.IXIC dropped 43.17 points, or 0.53%, to 8,059.91.

Earlier on Monday, U.S. Treasury Secretary Steven Mnuchin said he did not see the risk of an economic crisis as the Trump administration seeks to revive trade negotiations with China, adding he anticipated a favorable year ahead for the U.S. economy.

Energy stocks.SPNY got together with oil prices.

Amongst other stocks, AT&T Inc (T.N) acquired 2.66% after shareholder Elliott Management Corp disclosed a $3.2 billion stake in the business and pushed for modifications.

Boeing Co (BA.N) fell 1.02% after it suspended load testing of its brand-new widebody 777X airplane over the weekend as media reports stated a freight door stopped working in a ground tension test.

Advancing issues outnumbered decreasing ones on the NYSE by a 1.37-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio preferred advancers.

The S&P 500 posted 35 new 52-week highs and three brand-new lows; the Nasdaq Composite recorded 53 brand-new highs and 53 brand-new lows.

Reporting by Caroline Valetkevitch in New York; Extra reporting by Uday Sampath in Bengaluru; Editing by Saumyadeb Chakrabarty and Matthew Lewis

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Wall Street slips as global development issues struck tech stocks – Reuters

(Reuters) – A fall in innovation stocks pulled Wall Street’s main indexes lower on Tuesday as weak financial information from China revived global economic downturn fears, but losses were tempered by hopes on trade.

SUBMIT IMAGE: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 9, 2019. REUTERS/Brendan McDermid

China’s factory-gate rates diminished 0.8% in August, the sharpest speed of decline in three years, as companies slashed prices to deal with flagging need in the middle of a bruising trade war with the United States that has slowed growth on the planet’s second largest economy.

“A downturn in China is plainly a sign that global deceleration of financial activity is real and is something we’re going to need to handle,” said Omar Aguilar, primary investment officer of equities and multi-asset methods at Charles Schwab Investment Management.

Offering some break, a report from South China Early morning Post stated Beijing is expected to accept purchase more farming items in hopes of a much better trade handle the United States.

Experts associated some of the selloff in tech to financiers re-distributing wealth into stocks that have underperformed during the year.

Tech stocks.SPLRCT, the finest performer on the S&P 500 with a 28% surge this year, fell 1.13%, while the energy sector.SPNY, the year’s worst entertainer, jumped 1.78%.

Genuine estate.SPLRCR fell 1.94, the most amongst the 11 significant S&P sectors. The sector is the second best performer of the year, gaining 24%.

“It’s less about danger and more about returns – taking earnings and reallocating to the losers,” Aguilar said.

Trading so far today has mainly been controlled as investors hold out for policy choices from reserve banks on prospective monetary easing. The European Central Bank will hold its policy conference on Thursday.

The U.S. Federal Reserve and the ECB are widely anticipated to cut rate of interest over the next two weeks, but financiers question the level to which reserve banks’ steps will stem a financial slowdown.

At 12:09 p.m. ET the Dow Jones Industrial Average.DJI was down 36.44 points, or 0.14%, at 26,799.07, the S&P 500. SPX was down 13.08 points, or 0.44%, at 2,965.35 and the Nasdaq Composite.IXIC was down 43.83 points, or 0.54%, at 8,043.61.

To name a few stocks, Apple Inc (AAPL.O) dipped 0.3% ahead of an event where it is commonly anticipated to unveil its most current iPhones.

Information on its new video streaming service could also move shares of Netflix Inc (NFLX.O) and Walt Disney Co (DIS.N). Netflix was down 0.2%.

Boeing Co’s (BA.N) aircraft deliveries fell 72% in August, pressing total shipments up until now this year down more than 40%, as the worldwide grounding of its very popular 737 MAX jet enters its seventh month. Shares of the planemaker increased 2.2%.

Ford Motor Co (F.N) fell 2.7% after rankings company Moody’s devalued its bonds to junk status overnight.

Advancing concerns outnumbered decliners by a 1.30-to-1 ratio on the NYSE and by a 1.53-to-1 ratio on the Nasdaq.

The S&P index tape-recorded 11 new 52-week highs and 2 brand-new lows, while the Nasdaq taped 28 new highs and 34 brand-new lows.

Reporting by Uday Sampath in Bengaluru; Editing by Saumyadeb Chakrabarty and Arun Koyyur

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