The Halloween season is approaching, and investors may be worried about the spooky “October Effect” on stock prices. While nine of history’s twenty largest single-day percentage declines in the Dow Jones Industrial Average (DJIA) occurred in October, the S&P 500 has also gained value in October more often than it has declined. Average October performance throughout the past 96 years actually shows a slight gain. This week, most global markets posted a positive performance, wi
Global shares were mostly higher overnight in Europe and Asia, while oil prices fell back slightly. This week, oil prices jumped after Iran-backed Houthi terrorist militants, based in Yemen, launched drone and missile strikes on two major Saudi airports, killing three people and injuring 36 others. An ongoing global bond selloff has dominated currency markets in recent weeks, with yields rising again on Thursday. Both stock and metal markets are seeing selling as investors mo
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