Good afternoon.
Markets climb, the Fed is expected to hold rates steady tomorrow, and the stock market just had its worst October since 2020.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
U.S. stocks climbed on Tuesday to finish the month of October.
The S&P 500 ended the month down 2.2%, its worst October since 2020:
All eyes on the Fed. Investors are looking ahead to the Fed's rate decision on Wednesday. The Fed is expected to hold rates steady.
The crypto market climbed on Tuesday. Bitcoin finished October up 28% despite the selloff in tech stocks.
Catch Up
The U.S. stock market just logged its first 3-month losing streak since 2020.
WeWork, once valued at $47B, is planning to file for bankruptcy next week.
Billionaire investor Stanley Druckenmiller says he is "really nervous" about the economy.