October 2023 Monthly Market Update

November 6, 2023 in Market Updates

Stocks and bonds fell simultaneously in October amid higher interest rates and intensified global tensions. The S&P 500 Index lost 2.1% in October—bringing its cumulative loss since the end of July to 8.3%. The Bloomberg U.S. Aggregate Bond Index fell 1.6% in October, which was its 6th straight month in the red....