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6 November
November 6 2020 Market Update
The Multitude of Highs and Lows
As of this writing, the election is on the verge of being called. However, despite the ongoing uncertainty, the markets have surged in recent days.
Taking a step back, the S&P 500 fell for a second straight month in October, paring back more of the year’s gains. Major contributors to the month’s volatility included dwindling prospects for a second round of fiscal stimulus, growing worry about rising COVID-19 cases, and of course the election.1
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