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Verizon, Microsoft stocks are index's sole monthly losers as the Dow notches record October gains

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Verizon recently posted continued subscriber gains, while Microsoft forecasts a further slowdown in its Azure cloud-computing business.

As the Dow Jones Industrial Average logged its best October performance on record, all but two of its 30 components registered gains for the month.

The Dow is on track for record October as Big Tech tanks: What’s next for stocks as investors await Fed clues Additionally, analysts seem to be warming to AT&T’s story given the company’s recent execution and its more simplified business structure.

 

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