M Notes: Mon, 10-6
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Week Close: 10-3-25 | + (-) | % | Sep % |
|---|---|---|---|---|
| Dow | 46,758 | +511 | +1.1% | +1.9% |
| S&P | 6,716 | +70 | +1.1% | +3.5% |
| Nasdaq | 22,780 | +296 | +1.3% | +5.6% |
| 10-year | 4.12 | -0.07 | -1.7% | -1.9% |
| Oil | 60.66 | -5.06 | -7.7% | -2.6% |
LAST WEEK:
Markets: Despite the Government Shutdown, Markets moved higher last week (creating new all-time highs).
S&P roller coaster last week: Up, Up, Up, Up a touch, and Up a tick.
Factory orders: No number was reported yet, due to the Government Shutdown.
Fed Balance Sheet: $6.587 Trillion.
ISM: Their Manufacturing Index rose from 48.7 up to 49.1. Their Services Index dropped from 52.0 down to 50.0. A number above 50 relates to an expansion, while a number below 50 relates to a contraction. Of course, the trend, moving upward or downward, is also relevant.
Jobless claims: No number was reported yet, due to the Government Shutdown.
Jobs: No number was reported yet, due to the Government Shutdown.
National Debt: $37.450 Trillion. (It’s going up about $28-30 Billion/week.)
Unemployment: No number was reported yet, due to the Government Shutdown.
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THIS WEEK:
Focus of the week: How long will the Government Shutdown last? And how will “non-essential” services not being funded impact the American people? US Markets have shrugged off the Shutdown thus far, but will that continue?
Calendar: Trade Deficit (Tue); Fed Minutes (Wed); and Jobless Claims (Thu).
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. Yahoo! Finance, the Wall Street Journal, Investor’s Business Daily and Barron’s are several of the sources used for financial information.
* The National Debt figure comes from usdebtclock.org.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Consult your financial professional before making any investment decision. You cannot invest directly in an index. Past performance does not guarantee future results. No strategy can assure a profit or protect against a loss. Investments in the securities markets involve risk, such as loss of your principal.