S&P 500 Snapshot: Index Posts 2.3% Gain in October

The S&P 500 finished the month of October on a positive note, ultimately finishing up 2.3% from September. The index posted a weekly gain of 0.7%, its fourth in the past five weeks. Here is a snapshot of the index from the past week: The table below summarizes the number of record highs reached each year dating back to 2013. Here is a snapshot of the index from the past six months with a 50-day moving average: S&P 500: A Perspective on Drawdowns For a sense of the correlation between the closing price and i ...