Published: Oct. 31, 2023, 6:00 a.m.Our Mobile and Alabama Stock Report kicked off the week on a positive note.
A trio of big companies led a large group of gainers on Monday: Amazon , GE and AT&T .Overall, Wall Street clawed back some of its sharp recent losses Monday, ahead of a week that could see more big swings in financial markets. Investors are looking forward to key reports on consumer confidence and the U.S. job market. The Federal Reserve announces its next move on interest rates Wednesday.
The S&P 500 rose 49.45 points, or 1.2%, to close at 4,166.82. It was the first trading after the benchmark index dropped more than 10% below its high point for the year. If you purchase a product or register for an account through a link on our site, we may receive compensation.
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Stock Market Today: Stocks higher as bond markets lay tame into huge week on Wall StreetA Fed rate decision, a big week of earnings and a new Treasury borrowing statement will keep stock markets busy and test the return of global risk appetite.
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