Want to create an interactive transcript for this episode?
Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, October 18, 2022
Description: This is Trevor Cummings joining you as your guest host on DC Today. You can find my weekly commentary at www.thoughtsonmoney.com. Also, please join me for the DC Today video and podcast – see below.
Market Action
Dow:Â +341.67 (1.13%)
S&P:Â 1.16%%
Nasdaq:Â 0.9%
10-Year Treasury Yield:Â 3.994% (+2 basis points)
Top-performing sector:Â Industrials (+2.36%)
Bottom-performing sector:Â Communication Services (+0.54%)
WTI Crude Oil:Â $83.22/barrel (-2.6%)
Key Economic Point of the Day:
• Industrial production in September rose 0.4% which was a surprise to the upside – estimates were 0.1%. Additionally, August was revised slightly to the upside, as well; a revision from -0.2% to -0.1%.
• The National Associ...