This week’s economic calendar will be dominated by 3 big events: mid-term elections on Tuesday which are expect to result in numerous seats changing hands in both the Senate & House, the end of the 2-day FOMC meeting on Wednesday which may include an announcement for a 2nd round of quantitative easing, and the October employment report due out on Friday.
This morning’s jobs report highlighted a fairly quiet week in economic releases. The report came in a positive fashion to what was expected. This led to a sell-off of mortgage backed securities and led to pricing being set back a bit from where we were yesterday at this time.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 53.68 points (0.41%) while the Nasdaq decreased 1.79 points (-0.06%). Also, the S&P 500 rose 2.59 points (0.18%).
Here are some of today’s rates:
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.