Markets Rise as Apple Hits New High Amid Ongoing US Shutdown

U.S. stock futures are higher amid hopes for easing trade tensions between the U.S. and China. Apple’s iPhone 17 outperformed its predecessor by 14% in the first 10 days, driven by strong sales in China and the U.S. The luxury brands Kering and L’Oreal announced a 4-billion euro deal, with L’Oreal acquiring parts of Kering’s beauty business. China’s economy grew 4.8% in Q3, the slowest in a year, while gold prices steadied near recent highs as markets responded to trade optimism.