‘Red October’ sees US stocks endure their worst month since the financial crisis

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Stocks are set to end October having endured the worst month for the S&P 500 since February 2009 and the worst October since the 2008 financial crisis. The benchmark US index is set to drop about 8.5%, only outdone by the 16.8% loss the index witnessed in 2008, just weeks after the collapse of Lehman Brothers.

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