Project Description

US

       

S&P500 -0.33% (3,110.29);   NASDAQ -0.25% (8,519.89);   DJIA -0.46% (27,875.62)

This week’s reports:

  •  November’s Markit Manufacturing PMI (prelim) rose to 52.2 from October’s 51.3. Services PMI (prelim) rose to 51.6 from October’s 50.6. Composite PMI (prelim) rose to 51.9 from October’s 50.9.    
  •  November’s Philadelphia Fed Manufacturing Index rose to 10.4 from October’s 5.6.
  •  November’s Michigan Consumer Sentiment Index rose to 96.8 from October’s 95.7.
  •  November’s NAHB Housing Market Index fell to 70 from October’s 71.
  •  October’s Building Permits rose 5% from September’s -2.4%. Housing Starts rose 3.8% from September’s -7.9%.      
  •  October’s Existing Home Sales rose 1.9% from September’s -2.5%.      
  •  Initial Jobless Claims for the week ending November 15th were unchanged at 227K. Continuing Jobless Claims for the week ending November 8th rose by 3K to 1,695K