Dow Jones Index Gained a Record 14% in October—Its Best Month Since Jan 1976

Per Barrons

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The Dow Jones Index rose by 14% in October. This was recorded as its best month since Jan 1976.

While it rose, the S&P 500 gained 8%, and the Nasdaq Composite gained 3.9% during the same period.

The central bank is expected to raise interest rates by another 75 basis points on Nov 2. Chief marketing strategist at the Carson Group said, "stocks are taking a breather after the big run last week."

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