October saw the S&P 500 rise 2.22% in response to results from the fall earnings season, encouraging fundamentals, and anticipation of tax reforms
September brought two terrible natural disasters and more threats of war on America, and the broad benchmark rose 1.93% and topped 2,500 for the first time.
FEDERAL RESERVE: UNWINDING WILL BE GRADUAL
Last Wednesday, the country’s central bank detailed how it would shrink its mammoth balance sheet.
August brought an overwhelming natural disaster and a threat of war from a foreign dictator. Economically speaking, there were some positives.
The Dow Jones Industrial Average gained 2.54% in July as earnings announcements and fundamental indicators provided a lift for the blue chips.
The Dow Industrials improved 0.33% across the month to settle at 21,008.65 on May 31, while the S&P 500 advanced 1.16% to a month-end close of 2,411.80.