TRND - S&P 500 Bounces Around With Prospects For More Fiscal Stimulus

• The S&P 500 closed the trading week ending Friday, 9 October 2020 at 3,477.13. That falls within three percent of its 3 September 2020 all-time record high close of 3,580.84.
• The index rose, fell, and rose again with the prospects for another round of fiscal coronavirus stimulus coming from the U.S. government during the week.
• As a general rule, political events may contribute noise to the markets, but until major changes in tax rates become an immediate concern affecting investor expectations for the future, they won't contribute more than day-to-day noise to the S&P 500.

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