Daily Wrap

The day started with some negative-sounding news out of Apple (AAPL -0.4%) and Delta Air Lines (DAL -5.8%), and persistent inflation pressures indicated in the Consumer Price Index (CPI) report for September, and weakness in JPMorgan Chase (JPM -2.6%) following its earnings report. Bloomberg reported that Apple is likely to slash its iPhone 13 production target by up to 10 million…