Project Description
EQUITY MARKETS
US
S&P500 +0.81%(2,181.9); NASDAQ +1.61% (5,321.513); DJIA +0.11% (18,867.93)
This week’s reports:
October’s CB Leading Indicator rose by 0.1% m/m from September’s +0.2% m/m.
- October’s Industrial Production was flat versus September’s -0.2%. Capacity Utilization fell to 75.3% from September’s 75.4%
- November’s Michigan Consumer Sentiment (prelim.) rose to 91.6 from October’s 87.2.
- November’s NY Empire State Manufacturing Index rose to 1.5 from October’s -6.8.
- November’s Philadelphia Fed Manufacturing Survey fell to 7.6 from October’s 9.7.
- October’s CPI rose by 1.6% y/y versus September’s +1.5% y/y. October’s Core CPI rose by 2.1% m/m versus September’s +2.2% m/m.
- Initial Jobless Claims for the week ending November 11th fell by 9K to 235K. Continuing Jobless Claims for the week ending November 4th fell by 66K to 1,977K.
- September’s Business Inventories rose by 0.1% from August’s +0.2%.
- October’s Retail Sales rose 0.8% from September’s +0.1%. Retail Sales ex Autos rose 0.8% from September’s +0.7%.
- October’s NAHB Housing Market Index remained unchanged at 63.
- August’s Housing Starts rose to an annual pace of 1.323M from September’s 1.054M. Building Permits rose to an annual pace of 1.229M from September’s 1.225M
- U.S. stocks added to the rally sparked by Donald Trump’s surprise election, rising for a second week on speculation the president-elect will introduce policies that will spark brisker economic growth. The benchmark for American equity has added 2% since president-elect Donald Trump won the U.S. election, led by a surge in financial stocks and shares of industrial companies.