Fri 29 October 2010
Dow -0.11%, Nasdaq +0.16%, S&P +0.11%
Thursday: Stocks ended virtually unchanged overnight, as investors remained cautious ahead of next week’s Federal Reserve meeting. Strong corporate earnings have supported stocks this week along with a report showing fewer people filing for first-time unemployment. The Department of Labor released its weekly jobless claims before the start of trade. The number was much lower than expected. The number of Americans filing new claims for unemployment fell to a 3-month low of 434,000- a decline of 21,000 from the prior week.
AUD/USD 0.978, AUD/GBP 0.6134, AUD/EUR 0.7021