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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, November 17, 2022
Description: Another volatile day with the Dow closing flat after being down nearly -400 points. More to say here:
MARKET ACTION
Dow: -7 points (-0.02%) – had been down over -300 points at the low and -400 pre-market
S&P: -0.31%
Nasdaq: -0.35%
10-Year Treasury Yield: 3.76% (+7 basis points)
Top-performing sector: Technology (+0.21%) and Energy (+0.12%)
Bottom-performing sector: Utilities (-1.79%)
WTI Crude Oil: $81.94/barrel (-4.26%)
Key Economic Points of the Day:
Weekly initial jobless claims came in at 222,000 – not a big move from the week before or variance from expectations
Single-family starts in new housing construction dropped to 855,000, down -6% on t...