For investors, October wasn’t that scary after all


October tends to make many investors nervous, since that’s when some of the biggest crashes in market history have happened. This October, though, the market seemed unstoppable. The S&P 500 closed at a record high seven times and ended the month up 4.5%. The market climbed even after October began with a partial government shutdown. Instead of selling off stocks, investors focused on what many say matters most: the Federal Reserve. Its stimulus program has helped to create a stock market rally. With October’s gains, the S&P 500 is up 23.1% for the year so far, the Dow is up 18.6%, and the Nasdaq has gained 29.8%.

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