S&P 500 traverses lower plateau as October volatility persists

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U.S. stocks are higher early Wednesday, rising amid reports of China-U.S. trade progress ahead of formal meetings, set to begin Thursday.

Against this backdrop, the S&P 500 is traversing a lower plateau — capped by major resistance (2,940) — vacillating amid a prolonged October volatility spike.

Before detailing the U.S. markets’ wider view, the S&P 500’s

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