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Market Wrap-Up for October 23: The Week in Review

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Market Wrap-Up for October 23: The Week in Review

Aaron Levitt Oct 23, 2015


This week proved to be an interesting one for the markets. As we’ve seen over the last few weeks, the name of the game has been volatility. Big-time up-and-down movements have become the norm once again. Driving this week’s jumpiness had little to do with economic data – at least not here at home – but that of earnings.

Housing was on the docket this week as several pieces of data were released. Overall, the data had a neutral effect on the market.

The real key for the week’s price swings was earnings. With stocks now in the thick of the so-called “earnings season,” the big boys are beginning to report their quarterly numbers, and we’ve seen a mixed picture that has helped to increase the volatility – and the gains/losses of the marketplace.

Also playing into the week’s ups and downs has been data, stimulus measures and other pieces of information coming out of China and Europe.

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