Here are the most important news items that investors need to start their trading day:October was a volatile but ultimately successful time for stocks. The Dow rose nearly 14%, the composite's best month since January 1976, when Gerald Ford was president and months before the original "Rocky" hit movie theaters. The Nasdaq even shrugged off some bleak earnings from Big Tech to finish in the green. But time marches on, and there are still more earnings ahead this season.
Read live market updatesA man carries siding into a house at a new home construction site in Trappe, Maryland, on October 28, 2022.Homebuilders who thrived during the earlier days of the Covid pandemic are now experiencing, due to skyrocketing mortgage rates. Home prices have already cooled, sellers have become more reluctant to part ways with their low rates, and buyers are spooked by high prices and surging rates. That adds up to a dire 2023, according to some homebuilders.
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