Pre-Market Report – Monday 28 October: US markets mixed | Big ten days to come
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US equities ended mixed Friday as the Dow dropped 259 points (-0.61%), the NASDAQ rose 0.56%, and the S&P 500 remained flat. Financial stocks came under selling pressure amid concerns over New York Community Bancorp's weak guidance, causing its shares to fall 8.2%, with Bank of America and Wells Fargo also lower, down 1.8% and 1.4% respectively. Tech stocks, however, were buoyed by anticipation of earnings next week, with Microsoft, Alphabet, and Meta rising modestly. Telsa gained 3...
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