Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
By Staff Reporters
***
***
U.S. equities closed out a volatile session mixed as the markets digested a host of quarterly results with earnings season kicking into high gear. Information Technology and Communications Services sectors were the biggest laggards in the wake of disappointing reports from Google’s parent Alphabet, as well as Dow member Microsoft.
Meanwhile, Dow component Boeing was lower despite optimism about its free-cash flow performance, but Dow member Visa rallied following its results.
Housing data dominated the economic front today, with mortgage applications falling for a fifth-straight week, and new home sales dropping amid the spike in interest rates in September.
Treasury yields were lower and the U.S. dollar tumbled to alleviate some uneasiness in the markets, while a smaller-than-expected rate hike out of Canada appeared to also soothe some nerves.
Crude oil prices were sharply higher, and gold traded to the upside.
Asia finished higher though choppiness remained, while Europe saw widespread gains amid cautious trading ahead of tomorrow’s monetary policy decision from the European Central Bank.
***
***
COMMENTS APPRECIATED
Thank You
****
Share this:
Filed under: Alerts Sign-Up, Alternative Investments, Investing | Tagged: mixed stocks, rough session, Stocks Mixed After Rough Session |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Leave a Reply