CNBC Daily Open: Stocks’ choppiness in October can be an opportunity
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U.S. stocks rebounded on October 8, 2024, with major indexes rising; Nasdaq Composite led the rally, boosted by technology stocks; European Stoxx 600 index fell 0.55% due to China's anti-dumping measures on EU brandy; Crude oil prices dropped 4.63% amid geopolitical tensions; GM projects $13 billion to $15 billion in adjusted earnings for 2024; Hindenburg Research accused Roblox of misleading user metrics, which Roblox denied; Third-quarter earnings season begins with JPMorgan Chase reporting on October 11; S&P 500 rose 0.97% after a 0.96% drop; October is historically volatile, but experts suggest it presents buying opportunities; Robert Sluymer from RBC Wealth Management and Craig Johnson from Piper Sandler encourage investors to maintain perspective on long-term trends.
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https://www.cnbc.com/2024/10/09/cnbc-daily-open-stocks-choppiness-in-october-can-be-an-opportunity.html