Markets rallied slightly today on news that UK Prime Minister Boris Johnson reached a Brexit deal with Brussels. Another factor supporting the broader market are the Q3 earnings results that are coming in stronger than expected.
US housing starts came in at 1.256 million, lower han analyst expectations of 1,300 million. Jobless claims remained at a 50-year low at 214,000, lower than economist expectations of 215,000. The Philadelphia Fed’s October business index came in at 5.6, lower than the anticipated figure of 6.4.
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