Verizon recently posted continued subscriber gains, while Microsoft forecasts a further slowdown in its Azure cloud-computing business.
As the Dow Jones Industrial Average logged its best October performance on record, all but two of its 30 components registered gains for the month.
The Dow is on track for record October as Big Tech tanks: What’s next for stocks as investors await Fed clues Additionally, analysts seem to be warming to AT&T’s story given the company’s recent execution and its more simplified business structure.
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Stocks end lower, but Dow clinches best monthly performance since January 1976Stocks ended the final day of the month on a down note Monday, but still saw the DJIA log one of its strongest monthly performances of all time and its biggest October gain on record. The DJIA fell around 129 points, or 0.4%, to close near 32,733.
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Dow trims record October surge as traders eye looming Fed meetingThe Dow surged Friday to end at a two-month high. The blue-chip gauge’s October gain was 14.4% through Friday, which would mark its strongest monthly gain since January 1976 and its biggest October rise on record if it holds through Monday’s close.
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Stock Market Today: Dow Slips 100 Points to Close October, Has Best Month Since 1976Stocks closed lower but major indexes gained in October, with the Dow up 14%, its best month since January 1976
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Max Verstappen Dominates Mexican Grand Prix, Sets Single-Season Win RecordMax Verstappen dominates Mexican Grand Prix, sets single-season win record.
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S&P 500 futures pull back from six-week highs as traders eye looming Fed meetingThe Dow Jones Industrial Average closed Friday's session up 14.4% in October, in line for its best month since January 1976, and its best October ever.
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Dow Closes Best Month In 46 Years As Investors Shake Off Fed’s GhoulsDespite Monday’s drop, the Dow still posted its best October in the index’s 126-year history, up 14% - and its largest monthly gain since 1976.
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