Markets are down today because of a series of poor earnings reports.
The Dow Jones Industrial Average has fallen more than 400 points as a result of disappointing earnings reports from major companies. The S&P 500 and Nasdaq have also experienced losses in the last week, although not to the same extent as the Dow. This comes on the heels of several strong weeks for US markets, where it seemed like nothing could go wrong. Now that things have started to go wrong, many investors are wondering why they should stay invested at all.
With a day left in October 2020, we’re looking back at some of the biggest news stories of the month.
