Market Brief 28 October, 2024

Good evening, investors and traders! The markets are showing positive momentum today, with the S&P 500 Index (GSPC) closing up 0.3% and the Nasdaq 100 Index (NDX) closing slightly higher. The U.S. Treasury yield has risen to its highest level since June, reaching 4.30%, while oil prices have plunged by 6% after Israel's retaliatory strike against Iran spared crude facilities. The upcoming earnings season is expected to be a catalyst for volatility, with several major tech companies set to report their results this week. The U.S. election is also looming, with Donald Trump gaining momentum in the polls.