CNBC Daily Open: Opportunity in October’s choppiness for stocks

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Rebound rally
U.S. stocks rebounded on Tuesday, with all major indexes rising. Technology stocks, in particular, rallied to lift the Nasdaq Composite. Asia-Pacific markets traded mixed on Wednesday. China's Shanghai Composite slumped around 4.9% after rocketing in early October. Hong Kong's Hang Seng index rose 0.5%, recovering slightly from its 9.41% plummet on Tuesday, its worst day in 16 years.

Google, it's not me, it's you
Breaking up Google is one recommendation the U.S. Department of Justice made to remedy the tech giant's monopoly in the search market – a ruling the courts reached in August after the U.S. government filed a case against Google in 2020. Legal experts, however, think a break-up isn't very likely and that the courts will order Google to pursue other remedies.

Cooling oil prices
Crude oil prices fell on Tuesday amid reports by The New York Times and The Jerusalem Post that Israel might focus on striking Iran's military sites in retaliation for its missile attacks. Both West Texas Intermediate and Brent futures retreated 4.63% during U.S. trading hours Tuesday, halting the red-hot rally oil prices have experienced the past week. 

New Zealand cuts rates
The Reserve Bank of New Zealand slashed interest rates by half a percentage point on Wednesday. It's the second consecutive cut after the RBNZ unexpectedly lowered rates by a quarter point in August. The central bank's likely to make another half-point cut in November, Paul Bloxham, HSBC's chief economist for Australia and New