Dow Jones today finished in the red along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Stock slid to close the month. However, October 2022 was the strongest month for the Dow Jones since 1976. One energy commodity, natural gas, was up over 10% on the day. The crypto product, bitcoin price was down over 1% and traded in the $20K level. Stocks that showed weakness included Apple (AAPL), Alphabet (GOOG), Microsoft (MSFT), and Nvidia (NVDA). Next, Alex Coffey weighs in on Wynn Resorts (WYNN) stock jumping after billionaire Tillman Fertitta disclosed a 6.1% stake. Also, Global Payments (GPN) stock price closed lower after a mixed earnings report. Finally, Coffey discusses upcoming economic data.
01 Nov 2022