Navigating the Haunting Market: October's Misery and November's Hope
Despite a market rally on Monday, traders are facing potential market surprises this Halloween week. The S&P 500 is still down for October, and the Fear and Greed Index remains in the "fear" zone. Factors causing market fears include high bond yields, the upcoming Federal Reserve interest rate decision, geopolitical strife, and mixed tech earnings. Additionally, employees at Walgreens and CVS have staged walkouts across the US to demand improved working conditions. Apple has unveiled its fastest iMac and MacBook Pro models yet, powered by its next-generation M3 series processors.