8legs: Dow jones industrial average

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Stocks wind up mixed on Wall Street after spending most of the day in the red

The S&P 500 closed up after a day marked by volatility, led by mixed tech and earnings data.
The Nasdaq fell early but recovered most of its losses despite pressure from big tech names.
Investors awaited earnings from major companies as the market weighs growth against a government shutdown backdrop.
Investors anticipated up to a 67% chance of another Fed rate cut at the December meeting, according to CME FedWatch.
Treasury yields held steady, with the 10-year at about 4.09% as traders assessed the data backdrop.
European and Asian markets fell or closed lower as part of global stock movement amid the same earnings cycle.
Analysts noted inflation concerns and a cautious Fed stance as key backdrops for pricing.
Tech giants like Alphabet and Broadcom contributed to the day’s market dynamics with notable moves.
Peloton and Expedia posted contrasting results, moving shares after earnings announcements.
The government shutdown limited release of October and September employment data, affecting market expectations.

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