Stocks steady, ADP data on deck, Apple, Intel, UAW strikes
With Treasury yields rising, and market volatility gauges surging, stocks are set for another rough ride Wednesday with ADP jobs data in focus.Apple stock slides after rare KeyBanc downgrade on iPhone sales concern
KeyBanc, in a rare downgrade for the world's biggest tech company, said iPhone sales could be pressured over the final months of the year.Intel plans to spin-off its PSG division, which it purchased from Altera for around $17 billion in 2015, over the next two years.Ford said its new proposals would form the basis for a 'master labor agreement' that would extend until the spring of 2028.
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