The Dow Turns Higher. Stock Market Breadth Is Improving.
Core Insights - The stock market experienced a positive turnaround on Halloween, with major indexes showing gains, particularly driven by earnings reports from Amazon and Apple [1][2]. Market Performance - The Dow Jones Industrial Average increased by 41 points, or 0.1% - The S&P 500 rose by 0.3% - The Nasdaq Composite saw a more significant increase of 0.7% following Amazon's earnings report [1]. Volatility and Market Breadth - The Cboe Volatility Index (VIX) rose by 4.5%, reaching a reading of 17.70, indicating relatively subdued volatility in the S&P 500 - Market breadth was slightly positive and improving, as evidenced by the Invesco S&P 500 Equal Weight ETF, which increased by 0.1% [2].