(INDEXSP:.INX) finished the day up 0.30% following a late-day
Durable goods came in better than expected, rising 4.2% month
over month versus the 1.5% consensus. Last month's figure was
revised up to 5.2% from 3.6%. New orders ex-transports rose less
than expected, coming in flat versus the 0.6% consensus.
On the employment front, initial jobless claims came in
slightly worse than expected at 343K, which was 2K more than the
Gold was up 0.9% on the day to $1,330 per ounce. The 10-year
yield jumped 2 bps to 2.61%.
SPDR S&P Homebuilders ETF
(NYSEARCA:XHB) fell 2.5% on the day after two major homebuilders
reported disappointing earnings.
) fell 9% after missing analysts' estimates while
) shares dropped 12% after doing the same.
) shares rocketed up 26% after topping Wall Street's expectations
by an enormous margin as the company reported a surge in mobile
This morning Great Britain released GDP of 0.6%, in-line with
Tomorrow's Financial Outlook
The University of Michigan consumer sentiment report is due
outtomorrow at 9:55 a.m. EDT . The index is expected to record a
reading of 84.0.
(AON) are among the companies reporting earningstomorrow .