Good afternoon.
Markets rally, investors gear up for a busy week, and the stock market is finishing October in the red.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
U.S. stocks climbed on Monday after a sharp selloff last week.
The stock market has fallen 2.8% in October, cutting the S&P 500's performance this year to 8.96%:
A busy week ahead. A Fed meeting, the latest U.S. jobs data, and Q3 earnings will keep investors busy this week.
Apple, the world's largest company, will report earnings on Thursday, offering insight into the health of the tech sector.
Catch Up
The Fed is expected to hold interest rates steady at its meeting this week.
The S&P 500 has fallen 10% from its July high, entering a market "correction."
X, formerly Twitter, is now valued at $19 billion (down 55% from the $44 billion Elon Musk paid for it).