Evening Market Recap - Monday, 14-Oct
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US equities finished higher in fairly uneventful Monday trading. It was a quiet start to the week with the US bond market closed for holiday, plus a waiting game for more Q3 earnings and a big macro data day on Thursday. Earnings season ramps up a bit this week with 43 S&P 500 companies scheduled to report, representing about 9% of market cap.
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US equities finished mixed in Wednesday trading, ending off best levels after an uneventful afternoon, with the Dow Jones and S&P500 closing up 11bps, and 2bps, while the Nasdaq closed down 26bps. Big headline today was October's in-line core CPI print in contrast to some fears for a hotter...
Published 11/13/24
Published 11/13/24
US equities ended lower in Tuesday trading, though off worst levels.  No one specific factor at work, though renewed bond yield backup getting some attention. NFIB small business sentiment ticked up by 2.2 points to 93.7 in October.
Published 11/12/24