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Stock Market Today: Dow ends higher, but can't escape 3rd monthly loss; Fed eyed

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Stock Market Today: Dow ends higher, but can't escape 3rd monthly loss; Fed eyed

Investing.com -- The Dow closed higher Tuesday on the final day of trade for October, as investors digested a raft of corporate earnings, but stocks couldn't avoid racking up a third-straight loss for the first time since March 2020.) fell nearly 7% after the industrial equipment maker’s order backlog narrowed, stoking worries about slowing equipment demand and offsetting.

“AMD's CQ3 estimates should be achievable, particularly assuming some benefit from improving consumer PC shipments,” Wedbush said in a recent note.in October fell for the third-straight month, although the decline was less than economists had expected as inflation concerns continue to grow. The news come just hours ahead of the Fed’s two-day meeting, which is expected to culminate in an unchanged decision onadded to gains from a day earlier as investors looked ahead to the Treasury refunding announcement due Wednesday after the department on Monday cut its quarterly borrowing estimate for Q4 to $776 trillion from $852 trillion previously.

 

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