The S&P 500 finished Oct. 23 at 7,624, 13 points above its 20-week average, leaving the benchmark near that reference level as trading remained cautious and volume was low.
The average stood at 7,611. The index remained in a pullback phase, while concerns about inflation and interest rates lingered.
On Oct. 20, the S&P 500 closed at 7,712.57 during a session when the Dow rose and the Nasdaq edged lower, as EconoTimes previously reported.
Traders were also watching for a Federal Open Market Committee (FOMC) meeting and Microsoft's earnings report, both expected the following week.
