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October Market Sell-Off: Will Q3 Earnings Add to Investors’ Woes?

John Parker
October Market Sell-Off: Will Q3 Earnings Add to Investors’ Woes?

October started on a negative note for the broader market. On October 10, the S&P 500 benchmark registered losses for the fifth consecutive session. As of October 10, the S&P 500 Index (SPY) has fallen 4.4% so far in October. Similarly, the Dow Jones Industrial Average (DIA) has fallen 3.2%, while the NASDAQ Composite Index (QQQ) has fallen ~7.6% in October.