Market Close: Oil, Inflation, Earnings and Apple’s Smart Home Push

I cover the day’s market moves and the economic forces shaping investor expectations, from oil prices and inflation to corporate earnings. The discussion also looks at Apple’s smart home plans, housing conditions, and consumer spending trends.

■ Markets and the economy
- Stocks, chip-sector pressure, oil prices, inflation data, Fed policy, and the IMF’s global growth outlook
- Bank of America enforcement action and upcoming economic and earnings reports
■ Companies and consumers
- Apple’s smart home lineup; Johnson & Johnson results and business outlook
- Existing home sales, mortgage rates, and Halloween spending

For investors and readers following markets, economic policy, technology, and consumer trends, these interviews and reports provide context on the issues discussed. Keep an eye on the CPI and PPI releases, bank earnings, and other upcoming reports mentioned in the program.