Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Stock Market Gained In October Despite Early Scare
FYI: Despite a plunge in the first half of October, in the end the stock market gained ground last month, lifting most stock mutual funds along with it. Ultimately, investors were unable to ignore the growing attractiveness of U.S. stocks. The average domestic stock mutual fund gained 2.66% in October, according to Lipper Inc. data. SPDR S&P 500 (ARCA:SPY) gained 2.36%. U.S. equities' allure was polished largely by various central bank moves. Regards, Ted http://license.icopyright.net/user/viewFreeUse.act?fuid=MTg2MzA1MzM=
