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DAILY MARKET OVERVIEW
Today's Top Market Headlines – Oct 23, 2017
Earnings week kicks off with a drop for US stocks

Investors keep an eye out on the US tax overhaul and the Fed chairman

First US declines in more than a week as investors prepare for a big week of earnings reports and progress on the tax legislation. Technology and industrial stocks led the falls.

 

Here’s what caught our eye among equity:

S&P 500 Index dropped 0.4% Monday, the biggest slump in almost seven weeks

Dow retreated 0.23%.

The Nasdaq Composite Index dropped 0.67%.

Stoxx Europe 600 gained about 0.2%.

 

A rather uneventful session in the FX market:

The dollar added 0.1% to its highest in more than 14 weeks.

The euro dropped 0.3% to $1.1748, the weakest in two weeks.

The pound gained 0.1% to $1.3198.

 

Pretty much the same with commodities:

Gold increased 0.1% to $1,281.94 an ounce.

WTI crude climbd 0.1% to $51.91 a barrel.