Falling Bud Light sales are still hitting Anheuser-Busch InBev.A late rally didn't jolt markets enough. The Dow and the S&P 500 declined 1.4% and 2.2%, respectively, for October, marking the first three-month losing streak for both indexes since March 2020. The tech-heavy Nasdaq, meanwhile, fell 2.8% for October, also notching its third consecutive negative month. But maybe there's some hope for investors. November has historically been a strong month for markets.
Normally, the markets don't care much about the Treasury Department's routine practice of auctioning off debt. But these aren't normal times in the markets. Bond and stock markets have been volatile amid fears of oversupply at a time when the Federal Reserve ishave surged, investors are more interested than usual in how the government will go to market with its borrowing needs. That means Wednesday will be a double whammy, with the Treasury Department making itsat 8:30 a.m.
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