October Ends on a Low Note; Oil Prices Fall Again


After a dismal morning the stocks took an even bigger turn for the worse at the end of the afternoon session. The Dow Jones, S&P 500, and Nasdaq all lost points at the conclusion of the day. After the Feds big announcement yesterday that they would continue their stimulus package, some reports have stated that the economy is starting to be on the upswing again. Which would mean that the Federal Reserve could stop spending at the same rate in three to four months time, which may have scared some investors away today. The Obamacare website is now being worked on by a veteran executive of Google (GOOG) in hopes that he along with others can fix the many problems that have plagued the site since being launched.
With the conclusion of October, it was reported that the three major stock indexes all finished the month with increases. Gold and oil prices also fell today.

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Published on Oct 31, 2013
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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