Major Indexes Reach New Highs In October

Major equity indexes were up in October, with the Dow Jones Industrial, S&P 500 and the Nasdaq Indexes all reaching new highs. Equities were resilient to supply chain constraints, inflationary pressures, and rising rates. Earnings were mixed as various companies struggled with lack of materials and components for products, affecting sales and revenue growth estimates.

Sources: Dow Jones, S&P, Nasdaq

Print Version: Equity Overview Nov 2021

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