While the S&P 500 managed to eke out several new all-time highs in October, “under the hood” breadth has gone nowhere for over two months.

A trading range is developing between 6500 and 6900 on the S&P 500.

Japan’s economy contracted at a 1.8% annual pace in July-September period. 

Cotton was lower in response to the USDA reports that showed higher than expected production at 14.23 million bales.

EPI shows everyday costs rising faster than CPI and the 2024 trend, highlighting sharper price pressure on essentials like food, fuel, and utilities.