Business

Oct 19, 2012

Morning Market Report

The US leading index was +0.6% for September which was the strongest gain since February.

The market is down 10. SFE Futures were down 7 this morning.

Dow Jones down 8. The Dow was down 46 at worst and up 32 at best. US markets opened lower with the weekly Initial Jobless claims coming in 28,000 higher than expected (poor result). The US leading index was +0.6% for September which was the strongest gain since February. The Philadelphia Fed index was up from -1.9 to +5.7 in October, capital spending, orders and employment components were softer. Google down 8.01% on results.

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