NIO - Wall Street Breakfast: What Will November Bring?
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. What will November bring?The major averages are coming off their worst monthly performance since March amid surging coronavirus infections, extinguished stimulus talks and a slump for Big Tech following quarterly earnings reports. The Dow closed out October with a 4.6% loss, the S&P 500 and the Nasdaq fell 2.8% and 2.3%, respectively, while volatility last week saw the VIX "fear gauge" spike to a four-month high. Traders seem a little more cheerful this morning as U.S. stock index futures climbed 1.5% to start the month, as the selloff leading up to Election Day may give the market less downside risk to a contested result. "Even though we're worried that there could still be one more wave down if we get another big influx of uncertainty, we
For further details see:
Wall Street Breakfast: What Will November Bring?