Reported about 1 month ago
Stocks experienced a decline after a lengthy rally, with traders anticipating essential earnings reports from major companies like Tesla, Boeing, and UPS. The S&P 500 pulled back by 0.2% and the Dow Jones fell by 0.8%, influenced by profit-taking amid concerns over high valuations and potential volatility ahead of the upcoming US elections. Despite the downturn, analysts believe the overall market may still have room for growth, especially during the typically strong earnings season.
Source: YAHOO