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Wall Street tycoons urged the Fed to raise interest rates as soon as possible| New York

author:CBN

Although the bearish earnings reports of Apple and Amazon once put pressure on the broader market, the overall performance of the earnings season was still optimistic about investors, and U.S. stocks opened low and went higher on Friday and closed higher across the board. Among them, the NASDAQ and the S&P 500 index both hit new intraday highs. In October, the Dow rose 5.8 percent, the NASDAQ rose 7.3 percent, and the S&P 500 rose 6.9 percent. The NASDAQ and S&P recorded their biggest monthly gains since November 2020.

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