Stock Market Struggles as Analysts Slash Apple Forecast

1 min read
Source: Investor's Business Daily
Stock Market Struggles as Analysts Slash Apple Forecast
Photo: Investor's Business Daily
TL;DR Summary

The stock market showed mixed results as investors awaited upcoming events such as the Federal Reserve's decision on interest rates, Apple's earnings report, and the October jobs number. Home prices rose more than expected, and consumer confidence remained strong. Verve Therapeutics soared after expanding its relationship with Eli Lilly, while VF Corp. shares sold off after missing earnings estimates. Arista Networks and Pinterest saw significant gains, while chipmakers Nvidia and Monolithic Power Systems experienced fluctuations. Caterpillar stock sank despite beating profit and revenue estimates, and Sarepta Therapeutics plummeted after reporting mixed results on its gene therapy drug. ELF Beauty tumbled ahead of its earnings report.

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