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October Sell-Off Puts NVIDIA in Bear Territory

Paige Tanner
October Sell-Off Puts NVIDIA in Bear Territory

October was the worst month for the S&P 500 Index (SPY) since September 2011. The index fell 7.3% in the month. The fall started after Federal Reserve Chair Jerome Powell stated that the economy no longer needed the policies that had been put into place during the 2008 financial crisis, such as record low interest rates.