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 Despite ongoing chaos in the world's financial capital, US financial markets had a good day. Here's the scoreboard Dow: 13,232, +136 pts, +1.0%
NASDAQ: 3,020, + 42 pts, +1.4%
S&P 500: 1,427, +15 pts, 1.0% And the news: Essentially, today was all about the data, and most of it was good. Overnight, PMI reports from China and a trade report from Korea confirmed the notion that there are some "green shoots" budding in Asia, a meme that's been spreading for several weeks now. Data was scarce in Europe, although there were negative headlines in Greece that caused the Athens market to tank (it's hard a horrible week). In the US, it was almost all good news. And that's about it market-wise. The other big story, the election, didn't move much. Obama is seen as having had a couple of good days as he deals with Hurricane Sandy. Tomorrow is the big October Non-Farm Payrolls day. Click here for a full preview > Please follow Money Game on Twitter and Facebook. | | | | | | | |
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