Factory orders rose more than expected for the month of September, advancing 0.9%, compared to the consensus of economists calling for a 0.8% gain. This was the fifth advance in orders in six months, and August’s 0.8% decline was left unrevised. More from Bloomberg...
The Dow Jones Industrial Average lost 18 points (0.2%) to close at 9,772, the S&P 500 Index rose 3 points (0.2%) to 1,045, and the Nasdaq Composite advanced 8 points (0.4%) to 2,057. Crude oil was $1.47 higher at $79.60 per barrel, and the Bloomberg gold spot price rose $25.70 to $1,085.20 per ounce.
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