The S&P 500 is trading lower after the Durable Goods Orders in the US climbed by 1.3% monthly in October, representing a higher reading than projected (0.9%). However, the markets were disappointed as this number represented a contraction when compared with September’s upward revision that showed a 2.1% increase. If […]
The weekly initial jobless claims has dropped to the lowest levels since the onset of the coronavirus epidemic in the US, according to the latest data from the US Department of Labor. The number of first-time claims for unemployment benefits dropped from 842K to 787K in the week ended October […]
