Project Description
US
S&P500 +0.89% (3,120.46); NASDAQ +0.77% (8,540.83); DJIA +1.17% (28,004.89)
This week’s reports:
- October’s CPI rose 1.8% y/y versus September’s 1.7% y/y. CPI ex Food & Energy rose 2.3% y/y versus September’s 2.4% y/y.
- October’s Retail Sales rose 0.3% from September’s -0.3%. Retail Sales ex Autos rose 0.2% from September’s -0.1%.
- November’s NY Empire State Manufacturing Index fell to 2.9 from October’s reading of 4.
- October’s Industrial Production fell 0.8% from September’s -0.3%. Capacity Utilization fell to 76.7% from September’s 77.5%.
- September’s Business Inventories were flat from August’s -0.1%.
- Initial Jobless Claims for the week ending November 8th rose by 14K to 225K. Continuing Jobless Claims for the week ending November 1st fell by 10K to 1,683K.