Payroll additions are expected to be about half as much as last month. Most, if not all, of the blame will fall on the shoulders of Hurricane Sandy, meaning any real (non-Sandy related) decrease in payrolls will be hidden by the storm’s effect.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 15.28 points (0.12%) while the Nasdaq dropped -1.79 points (-0.06%). Also, the S&P 500 increased 4.18 points (0.30%).
Here are some of today’s rates:
- 30-Year Fixed: 3.375% (3.596% APR)
- 15-Year Fixed: 2.75% (3.163% APR)
- 7-Year ARM: 2.625% (3.111% APR)
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.