No October jinx this time for the stock market


October 31, 2013 at 7:30p.m.

No October jinx this time for the stock market

NEW YORK (AP) — October often makes investors nervous, since that’s when some of the biggest crashes in stock market history happened. But this October, the market seemed unstoppable. The Standard & Poor’s 500 index closed at a record high seven times and ended the month up 4.5 percent. The market climbed even after October began with the 16-day government shutdown and the threat of a potentially calamitous U.S. default.