RolodexDaily Market Brief
Monday, October 27
Choppy Start to Mid-October
U.S. equities struggled for direction Tuesday after a volatile session marked by shifting interest rate expectations and geopolitical tensions. The Dow finished down 143 points (-0.38%), the S&P 500 slipped 0.4%, and the Nasdaq retreated 0.6%, extending Monday's losses as investors rotated away from growth and tech stocks.
Key drivers: Treasury yields climbed as retail sales beat expectations, oil rebounded on Middle East tensions, and tech stocks extended their slide on softening AI infrastructure demand.
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