Explore 3 Stock Ideas & Industry Insights Download Free Report
● Software and semiconductor stocks joined the slide after weak outlooks.
● Microsoft's cash-flow beat eased worries, though shares finished roughly flat to lower.
● Third-quarter GDP beat forecasts and September PCEInflationfirmed from August.
● Faster third-quarter economic growth and easing yields supported domestic small caps.
● More than 400 S&P 500 members rose and eight of 11 sectors gained.
● NYSE advancers beat decliners 1.95 to 1 andVolumematched the 20-day average.
● Over 400 S&P 500 members still rose, so the pullback looked shallow.
● September PCE inflation ran hot and accelerated year over year.
● Alphabet, Amazon, Nvidia and Tesla each saw over 1 millionOptionscontracts trade.
● Oil is pricing the risk of a US strike on Iran after November 3.
Please wait processing your request...
You are not subscribed for this report, Want to See?
One of our sales representative will contact you soon!
Welcome to Kalkine!
Start Your 7-Days Free Trial Today!
Hi! How can we help you today?
Loading…