Stocks in S&P 500 rebound, but face third consecutive monthly decline: Live updates

The S&P 500 traded higher on Tuesday, but stocks are on track for their third-straight losing month. Caterpillar and Chevron are the biggest losers in the Dow Jones Industrial Average this month, while Verizon, Nike, Microsoft, and UnitedHealth are leading the gains. Gold is on pace for its best month of the year as investors seek safe havens. The Nasdaq Composite and Nasdaq-100 are heading for a third consecutive negative month, with Align Technology, Enphase Energy, and On Semiconductor being the biggest losers. Regional bank stocks are set to close October with a 5% loss, while utilities are the only sector in the S&P 500 with a small gain this month. The S&P 500 is on track for its ninth year since 1928 of falling in August, September, and October. Sarepta Therapeutics shares plunged after disappointing results from a gene therapy study. The Treasury Department announced an increase in the payout for Series I bonds. October consumer confidence came in higher than expected. The dollar index is set to end the month lower, its first losing month since July. Pfizer shares fell slightly after reporting quarterly results, while JetBlue tumbled on weak earnings. Caterpillar shares initially jumped after earnings but later gave back gains. Nvidia slipped on reports of potential cancelled orders from China. European stocks opened cautiously higher, and the yen weakened after the Bank of Japan's policy decision. Japan's retail sales growth rate slowed in September. HSBC predicts lower growth for China, and analysts remain bullish on Meta despite the tech sell-off. Apollo Global and KKR are still expected to join the S&P 500 eventually. Notable after-hours movers include Arista Networks, Lattice Semiconductor, and Wolfspeed. Stock futures opened flat.