Market Summary

Moving the Market

Sector Watch


  • 10 year note 3.15
  • Nasdaq leads the way as stocks rebound from selloff, but week still a big loser.
Strong: Weak:
Information Tech
Communication Services
Consumer Discretionary
Health Care



WEEK 41:  10/08 - 10/12

  • Dow Industrials: 25339.99 -1,107.06
  • S&P 500: 2,767.13  -118.44
  • NASDAQ Composite: 7496.89 -291.56
  • NYSE AMEX Composite: 2,7643.33 -66.63
  • NYSE Composite: 12,439.43  -552.52
  • 10-year Treasury: 3.15% -0.09


Select Economic Indicators
Stock Market Valuation Impact

Period:  10/01 - 10/05  

  • ISM Manufacturing Index -1.50 to 59.8
    Positive (Slight September decline within consensus range that still reflects another strong manufacturing report.)
  • Construction Spending +0.1%
    Neutral (A marginal gain in the August period report that reflects weakness in new residential spending.)
  • ADP Employment Report +230K
    Positive (September private payrolls showed a large above consensus gain.)
  • ISM Non-Manufacturing Index +3.1 to 61.6
    Positive (September's very low unemployment and high business activity enabled a very strong above consensus gain.)
  • Factory Orders +2.3%
    Neutral (August orders were within consensus forecast, but reflected strength in transportation equipment, but was flat overall for manufacturers.)
  • September Employment Report +134K
    Neutral (A mixed report with growth well below consensus expectations will ease pressure to speed up future Fed action to increase interest rates.)
  • International Trade -53.2B
    Negative (For August exports fell moving the trade deficit sharply higher, which will negatively impact Q3 GDP.)

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