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Wall Street ends last day of haunted October in the black

Updated : November 01, 2018 06:25:20 IST

The S&P 500 lost 6.9 percent in October, while the Nasdaq shed 9.2 percent, its biggest monthly loss since November 2008.
Fears of rising borrowing costs, global trade disputes and a possible slowdown in US corporate profits spooked equity investors this month, with technology and internet names that had powered the market's rally taking the biggest hit.
October also marked only the 12th time since the start of the current equity bull market that both stocks and US Treasury bonds produced losses in the same month, based on preliminary data.
Wall Street ends last day of haunted October in the black
Published : November 01, 2018 06:25 AM IST

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