Dow, Chevron and Caterpillar stocks slide amid market downturn

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Dow, Chevron and Caterpillar stocks slide amid market downturn

experienced a 1.4% decline in October, marking the third consecutive month of downturn for major indexes. The drop was largely attributed to high interest rates and fears surrounding an economic slowdown. Despite these conditions, the market scenario is considered by some investors as an opportunity to purchase high-quality stocks at discounted prices.), and Dow. Caterpillar , a renowned manufacturer of mining and construction machinery, saw a 17.

Despite surpassing estimates in its third-quarter earnings report, Dow was not immune to the overall market trend as it experienced a 6.3% stock decrease last month. The chemical company reported a significant revenue decline of 24% to $10.7 billion due to challenging macroeconomic conditions.

 

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