The S&P 500 index gained 2 percent in October and recorded an all-time high as the Federal Reserve cut interest rates and progress was reportedly made on the ongoing trade war with China. After exceeding the 3000 level in July and again in September – only to be followed by sharp declines – the S&P 500 broke through for the third time and took out the July high of 3025.86 to close at 3037.56 on October 31, 2019.
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