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Major Indices Down; Positive Earnings Reports

Major Indices Down; Positive Earnings Reports

November 01, 2023

The S&P 500 index was down about 2.2% in October as major indices are coming off a third-consecutive losing month. As of Oct. 27, about half of the companies in the S&P 500 have reported third-quarter 2023 earnings and 78% have exceeded earnings expectations. The Treasury Department announced it will increase the size of its note and bond auctions.

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