CNBC Daily Open: Can stocks climb out of their three-month hole?

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The last day of October was sweet for markets, but it was more trick than treat for the rest of the month.

for the first time in 16 years. On a monthly basis, the S&P fell 2.2%, the Dow 1.4% and the Nasdaq 2.8%. All three indexes declined for three consecutive months — the first time for the S&P and Dow since March 2020.

In fact, this is just the ninth time since 1928 the S&P has fallen consecutively from August to October,. But history presents a silver lining: The last two times the S&P fell during those months, it rallied 3.42% and 5.99% in the following November, the group said. The Federal Reserve's decision on interest rates, expected Wednesday, might give stocks another boost."If the Fed comes out and says they're probably done for the year, gives hints that they're feeling more dovish, that could be one thing that really helps," said Ross Mayfield, investment strategy analyst at Baird.

And stocks certainly do need help. Even the Magnificent Seven stocks that led most — if not all — the gains in the S&P this year have been struggling in October.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 288. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

CNBC Daily Open: Market bounce may not lastAfter a rough week amid accelerating inflation and disappointing earnings, stocks bounced to start the week. But the recovery may not last.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

CNBC Daily Open: Market bounce may not lastAfter a rough week amid accelerating inflation and disappointing earnings, stocks bounced to start the week. But the recovery may not last.
출처: NBCDFW - 🏆 288. / 63 더 많은 것을 읽으십시오 »

CNBC Daily Open: A history-making three months for stocksThe last day of October was sweet for markets, but it was more trick than treat for the rest of the month.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »

CNBC Daily Open: A history-making three months for stocksThe last day of October was sweet for markets, but it was more trick than treat for the rest of the month.
출처: NBCLA - 🏆 319. / 59 더 많은 것을 읽으십시오 »