Halloween is still a few days away, but many investors may have already gotten a fright from the market this week. The question is how scary the future looks.
Solita Marcelli, UBS Global’s chief investment officer for the Americas, wrote that the “average one-day move for the Magnificent Seven was -3.4% on Wednesday.” Disappointments about tech earnings have captured the headlines, she said, even though third-quarter results at some 80% of companies have exceeded expectations.
Finally, while the House of Representatives has a new speaker at long last, it wasn’t the kind of victory to crow about.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After EarningsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Dow Opens Higher, Meta Stock Price Falls; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »
3 reasons why gold may outperform the stock marketThere's a strong argument that gold will outperform the stock market in the year ahead.
Source: CBSNews - 🏆 87. / 68 Read more »
Stock Market: I Am Still Bullish, Unless...Stocks Analysis by Avi Gilburt covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Avi Gilburt's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »