Dow Jones today finished in the red along with the Nasdaq-100 and S&P 500 Index or SPX. Stocks fells for the second straight day. Some energy commodities that influence inflation like crude oil and gasoline were up on the day, while natural gas was down over 8%. Stocks that showed weakness included Amazon (AMZN), Alphabet (GOOG), and Microsoft (MSFT). Next, Alex Coffey weighs in on Uber Technologies (UBER) stock price surging after their earnings report was released. Also, Apple (AAPL) stock price fell amid reports of iPhone production problems in China. Finally, Coffey weighs in on economic data like JOLTS and the upcoming FOMC announcement.
01 Nov 2022