After a summer of slumps and declines, the stock market roared back to life in October, posting a three-week rally that saw the Dow Jones Industrial Average closing at 17,646.70 on Oct. 23 – up 157.54 points. This rally helped wipe out the losses the S&P 500 incurred in the months prior. Good news indeed for individual investors and market analysts alike who had begun to wonder if the market was on a downward trajectory.
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