Last week: Performance
The S&P 500 fell more than half a percent despite nine of eleven sectors gaining at least 1%. Large earnings-driven losses in the communications and tech sector pushed the Nasdaq 100 to a 2% decline, while gold was even worse, closing at a 52-week low.
Last week: The most important moves
Thursday was the worst day for Alphabet EVER
It was far from the only earnings loser on the week
Intel, Fortinet, and ServiceNow all fell more than 20%. However, there were winners, even within AI-related companies.
Healthcare wins the week (and month)
Up more than 1% every week in October en route to a 9.8% gain. However, three sectors (energy, staples, and utilities) bested that monthly return.
