The moment of truth for tech stocks is here

On today's "Markets Now" show, Wedbush's Dan Ives shares his take on tech earnings. Plus, Laffer Tengler's Nancy Tengler on why the market could be close to a bottom. And Spirit Halloween CEO Steven Silverstein on how the retailer is prepping for Halloween amid spooky high inflation and recession fears.

News: What you need to know about the markets     The moment of truth for tech stocks is here On today's "Markets Now" show, Wedbush's Dan Ives shares his take on tech earnings. Plus, Laffer Tengler's Nancy Tengler on why the market could be close to a bottom. And Spirit Halloween CEO Steven Silverstein on how the retailer is prepping for Halloween amid spooky high inflation and recession fears. Read more »   Earnings have been mostly good. Just avoid the tech wreck Stocks have rallied sharply in October, despite continued worries about rampant inflation globally, a strong dollar hurting multinational companies and the political and economic turmoil in the UK. A lot of the optimism has to do with the fact that investors are hoping the Federal Reserve will soon start to slow its pace of interest rate hikes. Read more »   New SEC rule requires executives to give back bonuses when accountants screw up The Securities and Exchange Commission voted Wednesday to adopt a new rule that would require public companies to take back executive compensation when their financial statements contain errors. Read more »   Top Senate Democrat warns the Fed against causing mass job losses Democratic Sen. Sherrod Brown is warning the Federal Reserve not to attack inflation so aggressively that it undoes the historic progress in the jobs market. Read more »   TJ Maxx cuts Yeezy-branded merchanise amid Kanye West fallout The list of companies cutting ties with artist and designer Ye following a series of antisemitic remarks continues to grow, with TJ Maxx boycotting the apparel line, the retailer announced Wednesday. Read more »   Don't be fooled by a strong GDP report Imminent recession is the topic du jour. From Goldman Sachs to the IMF, analysts and economists seem to agree that an economic downturn is coming for the United States in early 2023. That's why it's so surprising that the US economy is expected to show robust growth in Thursday's third-quarter GDP report. Read more »

Dow Nasdaq S&P +2.37   -228.12   -28.51 31,839.11   10,970.99   3,830.60 +0.01%   -2.04%   -0.74% YTD -12.38%   YTD -29.88%   YTD -19.63%

Biggest Winners Universal Health Services Inc +13.13%   Rollins Inc +10.04%   Freeport-McMoRan Inc +5.27%   Ameriprise Financial Inc +5.12% Biggest Losers Assurant Inc -10.47%   Boeing Co -8.77%   Avery Dennison Corp -7.78%   Chipotle Mexican Grill Inc -6.82%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $88.26 +2.94 / +3.45% Gold $1,668.60 +10.60 / +0.64% 10-yr 4.01% -0.09 Euro $1.01 +0.01 / +1.19%

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