Stocks closed lower but major indexes gained in October, with the Dow up 14%, its best month since January 1976
U.S.
stocks slipped as the Federal Reserve prepared this week to discuss how much moreDespite Monday’s losses, the major indexes locked in gains for October, which traders spent weighing whether the end is in sight for the Fed’s most aggressive rate moves. The Dow Jones Industrial Average added 14% for its best month since 1976. The S&P 500 and the tech-focused Nasdaq Composite both notched single-digit monthly gains.
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