Dressed Up For Data: Halloween Dawns With Head Spinning Amounts Of Numbers, Stocks On Pace For Monthly Loss

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(Tuesday market open) A scary October for stocks skids to the finish line today with major U.S. indexes on pace to post their third straight monthly loss for the first time since early 2020 despite emerging from correction territory. Major indexes enjoyed a rebound Monday with signs of technical buying in what some analysts called oversold conditions. This lifted the S&P 500® Index (SPX) after it fell 10% from the late-July peak, meeting Wall Street’s definition of a market “correction.” In what could bode well for today’s trading, stocks closed near their highs yesterday. However, Monday’s vo…

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