Economic news this morning showed Producer Price Index rose more than estimated in September. This was perhaps anticipated due to the high energy costs. Nevertheless, it can add to the challenge in taming inflation. Tomorrow's CPI data might shed some more light. Big banks' earning results start to trickle in on Friday that could add some more detail on state of consumer spending. DJIA and S&P500 are in slight red and Nasdaq Composite is in slight green this morning (PST).
top of page
bottom of page
Comments