The U.S. shares fell by 38 percent after Apple's update on their operating system, iOS 8, leading technology stocks to be shaken on Thursday, September 25. 

As recorded, Dow Jones ended at 16,945 with 264 points at a rate of 1.5 percent. When Wall Street opened, European markets briskly fell thereafter, as well as Germany and France, which intially gained ground, but ended the day southward. Cac 40 of France ended at 1.3 percent while Dax of Germany was down at 1.6 percent. UK's FTSE 100 also went down and scored 1 percent. Apple also affected other technology stocks, in which Intel fell 1.7 percent and Microsoft at 2.2 percent. 

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Index for S&P500 closed down to 1,966 at 1.6 percent, whereas Nasdaq fell to 4,466.75 at about 2 percent. Apple, the largest company in the technology sector, recently made a public apology due to their iOS 8.0.1 update where users were not able to make or receive calls.

Accordingly, Apple is under pressure with their release of iPhone 6+ as their users complain about their phones getting bent in their pockets. Nevertheless, analysts say that these issues will soon be rectified and shares would then be recovered.  

IG's market analyst, Chris Beauchamp, said that the convergence of unforced errors like botched iOS8 update caused Apple stocks to decline. With the stock holding up, followed by their announcements, the decline could be more of a buying opportunity than a larger recession. 

All the while, commodity goods fell about 18 percent to $245 billion in August compared with July's figures. The increased orders at Boeing caused the drop to mostly expected.

Even though the stock market of the U.S. was affected greatly, their currency has made a fresh start with a four-year high against its competitors. Amidst its peers, majority of central banks focus on the amendment of monetary policy.

Societe Generale's strategist Sebastian Galy said that the dollar's current trend is more likely to move higher against G10 currencies. This increasing trend is also expected to be maintained at an upward direction. 

TagsApple iOS 8, Dow Jones, iPhone 6 Plus, S&P, us stocks, stock market, US stock market