U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a fifth straight week. The bond market is closed on account of Columbus Day, which is a federal holiday, but the stock market will trade during usual hours. The majority opinion among strategists hints at a potential pause in stock rally over the next couple of weeks before resuming in the final two months of the year.
That said, earning news flow will pick up momentum in the coming days, potentially cushioning any downside. Cumulative earnings of S&P 500 companies are...
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