Today – Wednesday November 6th, 2013
- U.S. stocks rise due to Federal Reserve officials saying that due to weak economic data they will continue stimulus as investors and Fed wait for the jobs report this week.
- A GDP report Thursday is expected to show the U.S. economy grew 2% annualized in the third quarter, down from 2.5% in the prior three months.
- NASDAQ decreased due to the biotechnology sector declining and lagging the index down.
- Tomorrow, weekly initial claims and the advance Q3 GDP reading will be reported at 8:30 ET
Categories: Capital Markets