Market Snapshot 6 Oct,23
- 📉 U.S. stocks closed lower, extending a multiday slide.
- 📊 Dow Jones fell in 10 of the past 13 trading sessions.
- 💼 Investors are cautious ahead of the upcoming monthly jobs report from the Labor Department.
- 📈 Treasury yields eased slightly but remain a concern for the stock market.
- 💰 Rising interest rates have been impacting stock performance since early August.
- 📉 Several major companies, including Constellation Brands, Exxon Mobil, and Rivian Automotive, experienced stock price declines.
- 📊 Clorox Co. reduced its outlook due to disruptions caused by a cyberattack.
- 🚗 General Motors may face a significant recall related to defective air-bag inflators.
- 🚗 VinFast Auto reported impressive third-quarter revenue growth, but its shares remain below their IPO price.
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