Stocks end higher to start November as investors eye election

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U.S. stocks finished higher on Monday to mark the first trading session of November on a positive note, one day before the presidential election. The S&P 500 rose 1.2% to 3,310. The Dow Jones Industrial Average advanced 423 points, or 1.6%, to 26,925, based on preliminary numbers. The Nasdaq Composite finished up 0.4% to 10,958. Investors saw strong economic data in October, with the Institute for Supply Management’s manufacturing index rising to a 13-month high of 59.3 last month. Shares of Clorox Co. rose 4.2% after it beat earnings expectations thanks to the sales boost from the COVID-19 pandemic.
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