Trade headlines and a regional manufacturing report spook the market
Early morning headlines out of China that casted doubt on a potential trade deal had equity future trading lower.
Read MoreThe majority of retail investors still remain neutral on market direction
The move to new highs in the S&P 500 Index may have turned more advisors bullish but the retail investor turned a little less bullish in the latest survey.
Read MoreInflation data remained tame according to the PCE report
Another dose of consumer spending data was released from the Commerce Department this morning.
Read MoreTest of new highs brings in more bulls
Investors Intelligence reported bullish newsletter writer sentiment moved higher for the third week.
Read MoreU.S. economy expanded 1.9% in the initial Q3 estimate
Out this morning was the initial estimate of Gross Domestic Product (GDP) for the 3rd quarter of 2019.
Read MoreADP reports the job market continued to expand in October
ADP reported that private payrolls at U.S. companies increased by 125k in October, above the consensus estimate of 110k.
Read MoreChoppy session for stocks
The S&P 500 Index (SPX) opened lower but managed to stage a rebound and set a new intraday high by mid-morning.
Read MoreHomeownership rate expanded in the third quarter
The U.S. Census Bureau released its quarterly Housing Vacancy Survey and it showed homeownership rates continued to rebound from a generational low set in 2016.
Read MoreConsumer confidence below estimate for October
The Conference Board reported the Consumer Confidence Index pulled back more than expected in October, but the three components all had upward revisions to the September data.
Read More