Stocks close October lower, 3rd straight month of declines

Stocks closed October lower, clinching the third consecutive month of declines with surging bond yields playing a major role in the downturn. Yahoo Finance's Jared Blikre breaks down the details of the market's October retreat, taking a closer look at sector sentiments.JetBlue Airways shares have a bumpy landing, closing 10% lower on Tuesday after slashing its full-year outlook.

Shakedown or smart business? Quebec restaurants balk at hefty penalty for using competitor's payment machines Warren Buffett's idea to borrow money in Japan at rock-bottom interest rates and invest it in high-yielding stocks was inspired, Charlie Munger says."Unless there are significant declines in interest rates, we believe that credit losses will inevitably rise, perhaps significantly in 2025 and beyond.

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European Stocks Muted as Worst October Since 2020 Comes to End(Bloomberg) -- European stocks were subdued on Tuesday, heading for their biggest drop for the month of October since 2020, as investors mulled mixed...
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European Stocks Muted as Worst October Since 2020 Comes to EndEuropean stocks were subdued on Tuesday, heading for their biggest drop for the month of October since 2020, as investors mulled mixed earnings reports ahead of the Federal Reserve’s policy decision this week.
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