The stock market is experiencing a shift in momentum after a three-day winning streak.
The Dow Jones Industrial Average closed down over 344 points on Monday.
The S&P 500 faced a slight downturn.
The Nasdaq Composite gained slightly.
The ongoing third-quarter earnings season is a key focus for investors, with positive results from over 70% of companies in the S&P 500 that have reported so far.
General Motors has raised its guidance targets for 2024 after reporting impressive third-quarter earnings.
Disney is undergoing a leadership transition.
Former President Donald Trump has proposed tax reforms that could potentially exempt millions of Americans from income taxes, but these proposals could have implications for Social Security.
Nike has secured a renewed partnership with the NBA and WNBA, reflecting its commitment to strengthening its market position.
The interplay of corporate earnings, political developments, and strategic partnerships will shape market dynamics in the coming weeks.