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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