Reported about 1 month ago
On October 22, 2024, US stock markets experienced a decline, with the S&P 500 and Dow closing below the flatline, marking back-to-back losses for the first time since September. Amid rising Treasury yields, now above 4.2%, investors are wrestling with uncertainty around Federal Reserve rate cuts and corporate earnings reports. General Motors, however, saw its stock soar over 10% after raising profit forecasts, while other companies like McDonald's faced challenges due to a reported E. coli outbreak.
Source: YAHOO