Best- and Worst-Performing UK Stocks of October 2024
From Morningstar: 2024-11-04 04:21:15
The Morningstar UK Large-Mid Cap Index dropped 1.5% in October due to real estate struggles. Best-performing stocks include Fresnillo, DS Smith, Standard Chartered, Pearson, and Games Workshop. Worst-performing stocks are Vistry Group, JD Sports Fashion, Abrdn, Smith & Nephew, and Renishaw. All data sourced from Morningstar Direct. No promotions included. 1. The stock market saw a sharp decline today, with the Dow Jones Industrial Average dropping 500 points due to concerns over rising inflation rates. This marks the biggest one-day drop in several months, causing investors to worry about the future of the economy.
2. In international news, tensions are escalating between Russia and Ukraine as Russian troops continue to amass near the border. The United States and European Union have condemned Russia’s actions, calling for a de-escalation of the situation to prevent a potential conflict.
3. The latest data on COVID-19 cases shows a concerning rise in infections in several states, with hospitalizations also increasing. Health officials are urging the public to continue following safety guidelines and get vaccinated to prevent further spread of the virus.
4. In tech news, Apple announced a new line of products, including the highly anticipated iPhone 13 with improved camera features and faster performance. The company also unveiled updates to its iPad and Apple Watch models, generating excitement among consumers and tech enthusiasts.
Read more at Morningstar: Best- and Worst-Performing UK Stocks of October 2024