Stock Market Today: Markets End an Up Month on a Down Note
October might have ended with a whimper, but the month overall delivered big-time gains for equity investors.


Equities closed out an otherwise strong October in the red on Monday, as a rise in bond yields and declines in some big technology stocks weighed on the major indexes.
The blue-chip Dow Jones Industrial Average slipped 0.4% to finish at 32,733, while the broader S&P 500 fell 0.7% to 3,872. The tech-heavy Nasdaq Composite slumped 1.0% to close at 10,988.
Major tech names continued their selloff from last week, which featured a slew of disappointing quarterly earnings reports and forecasts. Dow components Apple (AAPL, -1.5%) and Microsoft (MSFT, -1.6%) were just two of the names in the multi-trillion-dollar-market-cap club to once again lose ground on Monday. Google parent Alphabet (GOOGL, -1.9%) and Amazon.com (AMZN, -0.9%) likewise continued to struggle, as did Facebook parent (and former mega-cap darling) Meta Platforms (META, -6.1%).
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.

Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Meanwhile, the yield on the benchmark 10-year Treasury note rose to 4.07% ahead of the Federal Reserve's regularly scheduled two-day policy meeting later this week. Market participants expect the central bank to once again raise short-term interest rates Wednesday, with a fourth 0.75%-point swipe at persistent inflation.
In October, Stocks Soared. Is the Bear Market Dead?
October might have ended with a whimper, but the month overall delivered big-time gains for equity investors. The S&P 500 rose 8.0% on a price basis for the month, and even the beaten and bruised Nasdaq tacked on a respectable 3.9%.
But no one did better than investors in the bluest of blue-chip stocks. The Dow, that elite bastion of just 30 blue chips, rose 14.0% for the month. Indeed, it was the Dow's best October since 1975. Partly that's a function of the Dow being a haven for companies with rising and reliable dividends. Indeed, a mini-portfolio of the Dow's best dividend stocks is clobbering the broader market so far this year. The Dow is also home to some of the best stocks to own in a bear market.
What's most encouraging is what has historically come next when the Dow produces a boffo October: the blue-chip barometer has gone on to generate even more impressive upside over the following three-, six- and 12-month periods.
It remains to be seen if October will maintain its reputation as a bear-market killer, but so far so good. Read on to see what history has to say about the market's prospects after the Dow logged one of its best Octobers in ages.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Dan Burrows is Kiplinger's senior investing writer, having joined the publication full time in 2016.
A long-time financial journalist, Dan is a veteran of MarketWatch, CBS MoneyWatch, SmartMoney, InvestorPlace, DailyFinance and other tier 1 national publications. He has written for The Wall Street Journal, Bloomberg and Consumer Reports and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among many other outlets. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange.
Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.
In his current role at Kiplinger, Dan writes about markets and macroeconomics.
Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.
Disclosure: Dan does not trade individual stocks or securities. He is eternally long the U.S equity market, primarily through tax-advantaged accounts.
-
S&P, Nasdaq Hit New Highs: Stock Market Today
A late-day rally wasn't enough to lift the Dow into the green as its six-session winning streak came to an end.
-
Five Things to Consider Now If You Want to Retire in 2026
To retire with confidence in the year ahead, tackle these essential tasks right now.
-
S&P, Nasdaq Hit New Highs: Stock Market Today
A late-day rally wasn't enough to lift the Dow into the green as its six-session winning streak came to an end.
-
Stock Market Winners and Losers of the 'Big, Beautiful' Bill
Defense, manufacturing and tech should prosper, while health care and green energy stocks face hurdles.
-
Dow Adds 238 Points as UNH, CAT Pop: Stock Market Today
The lack of a September jobs report didn't seem to worry market participants, with the data delayed due to the ongoing government shutdown.
-
Stocks at New Highs as Shutdown Drags On: Stock Market Today
The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all notched new record closes Thursday as tech stocks gained.
-
S&P 500 Sees New Highs on Shutdown Day: Stock Market Today
Most of its components were in the red, but the S&P 500 Index still managed to hit a new intraday all-time high.
-
Government Shutdown to Delay Data, Including Key Jobs Report
While government shutdowns typically don't impact stock returns, they can delay the release of key economic data – including the monthly jobs report.
-
Stocks Close September on a High Note: Stock Market Today
A little bit of late risk-on behavior was enough to lift stocks into the green on the last day of September.
-
If You'd Put $1,000 Into Bank of America Stock 20 Years Ago, Here's What You'd Have Today
Bank of America stock has been a massive buy-and-hold bust.