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The DC Today - Tuesday November 1, 2022
MARKET ACTION
Dow: -80 points (-0.24%)
S&P: -0.41%
Nasdaq: -0.89%
10-Year Treasury Yield: 4.04% (-3 basis points)
Top-performing sector: Energy (+0.99%)
Bottom-performing sector: Communication Services (-1.81%)
WTI Crude Oil: $88.57/barrel (+2.36%)
Key Economic Points of the Day:
ISM Manufacturing fell to 50.2, just barely in expansion mode, and the weakest figure since May 2020. New Orders and Backlogs reflected contraction, and only 8 of 18 sectors saw growth on the month.
But … Job Openings went HIGHER in September, coming in at 10.7 million (almost a million higher than the 9.8 million expected)
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
View all episodes
By The Bahnsen Group
4.9
549549 ratings
MARKET ACTION
Dow: -80 points (-0.24%)
S&P: -0.41%
Nasdaq: -0.89%
10-Year Treasury Yield: 4.04% (-3 basis points)
Top-performing sector: Energy (+0.99%)
Bottom-performing sector: Communication Services (-1.81%)
WTI Crude Oil: $88.57/barrel (+2.36%)
Key Economic Points of the Day:
ISM Manufacturing fell to 50.2, just barely in expansion mode, and the weakest figure since May 2020. New Orders and Backlogs reflected contraction, and only 8 of 18 sectors saw growth on the month.
But … Job Openings went HIGHER in September, coming in at 10.7 million (almost a million higher than the 9.8 million expected)
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
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