Dow closes lower on Monday, but still posts best month since 1976; Europe markets close higher despite inflation and GDP painting bleak picture; up 6% for October 
Stocks slipped on Monday, but the Dow capped off its best month since 1976 and all the major averages snapped a two-month losing streak. The Dow Jones Industrial Average fell 128.85 points, or 0.39%, to settle at 32,732.95. The S&P 500 shed 0.75% to finish at 3,871.98, while the Nasdaq Composite tumbled 1.03% to 10,988.15. 
Apple shed 1.8% during trading on Monday despite reporting stronger earnings compared to its Big Tech counterparts. The personal technology giant beat expectations for earnings per share and revenue, but some product-specific revenues came in under expectations, including for the iPhone. The stock is still trading 3.7% higher than where it opened Oct. 24. 
Amazon slid 2.2% Monday to 15.6% lower than where it opened Oct. 24. Despite reporting double-digit growth in the third quarter, its revenue was below expectations. The company also expects fourth-quarter revenue to come in lower than anticipated. 

The pan-European Stoxx 600 had nudged 0.4% higher by the close, with travel and leisure stocks climbing 1.5% while retail stocks fell 0.5%. For the month, stocks finished up by around 6%. 
Euro zone inflation soared to a record high of 10.7% annually in October, up from 9.9% in September, according to new data published Monday. Euro zone economic growth rose by a meager 0.2% in the third quarter, according to preliminary data published Monday. 
The figure represents a year-on-year increase of 2.1%, down from a quarterly 0.8% and annual 4.3% in the second quarter, in line with expectations and reinforcing market projections that the 19-member currency bloc will slide into recession during the coming quarters. 
Source: CNBC, Investing.com