Evening Market Recap - Thursday, 10-Oct
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US equities finished lower in a fairly choppy Thursday trading. Some of today’s downside was tabbed to a hotter than expected CPI print, though both analysts and Fed officials played down the report, noting that it's just one month of data. The latest earnings updates are also offering mixed takeaways around consumer trends.
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US equities finished mostly lower in Wednesday trading, though ended off worst levels, with the Dow Jones, S&P500, and Nasdaq closing down 31bps, 38bps, and 60bps respectively. October core PCE was in-line, while October durable-goods orders were a bit below consensus. Second estimate of Q3...
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