Stocks

Dow -0.39%, Nasdaq +0.24%, S&P -0.27%

Wednesday: Stocks posted slight losses in trading overnight. Investors largely shrugged off economic reports on durable goods orders and new home sales in September- The Commerce Department said new orders for manufactured durable goods in September increased $6.3 billion or 3.3%, after falling 1.3% in August. A separate report showed that sales of newly built single-family homes rose 6.6% in September to an annual rate of 307,000 units. Economists had expected an annual rate of 299,000 units in the month, compared with 288,000 units the month before.

Currencies

AUD/USD 0.9751, AUD/GBP 0.6175, AUD/EUR 0.7063

Posted by Liam McKessar. 0 Comments

Category: Business Tags: Market Wrap