Monday’s trading marked the end of what was the best month for the Dow since 1976, ending up 13.95%, as investors rotated out of technology and hedged hopes on banks. Tuesday also brings the start of the Fed’s November meeting, which many market participants expect to result in a 75 basis point interest rate hike. Many will look to the central bank’s statement and Fed Chair Jerome Powell’s question and answer segment for clues around policymakers’ battle against inflation. Many are expecting future meetings to bring lower interest rate hikes. The November Fed meeting kicks off tomorrow and many will be watching from the statement and question-and-answer segment with Powell, the chair, to see how hawkish the language is around inflation. Earnings season continues Tuesday with Uber, Pfizer and Fox before the bell. . . .
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