P Spx: Points and Rate Increase

p spx: The confidence of Americans in the U.S. economy fell in October to a three-month low just ahead of the Election Day showdown on Nov. 8 between Democratic candidate Hillary Clinton and GOP nominee Donald Trump, with more consumers saying jobs are harder to find, according to Market Watch. See:Corporate insiders have lost appetite for their own stocks The S&P 500 SPX, -0.17% declined by 8.17 points, or 0.4%, to 2,143.16, after being down nearly 10 points earlier. A drop in the price of oil below $50 a barrel, lingering uncertainty about the U.S. presidential election and growing expectations of a rate increase by the Federal Reserve, also contributed to the downbeat mood. Nine of the 11 main sectors ended in the red. Earlier, the average had been down as many as 71 points. The consumer-discretionary closed off 1.2%, while materials lost 1%. The Dow Jones Industrial Average DJIA, +0.17% declined 53.76 points, or 0.3%, at 18,169.27, as shares of Home Depot Inc.HD, -0.51% weighed on blue-chips with a 3.2% decline. (news.financializer.com). As reported in the news.