Scoreboard: European slide

European markets took a hit on ECB securities purchasing news, while Wall Street ended flat and the Australian dollar gained some ground.

In US economic data, new claims for unemployment insurance (jobless claims) fell by 8,000 to 287,000 in the latest week, well short of forecasts centred on a result near 297,000. Factory orders fell 10.1 per cent in August, larger than the 9.3 per cent decline expected. And planned job layoffs fell from 40,010 to 34,477 in September, according to Challenger. And the ISM New York index rose from 648.0 to 654.8 in September.

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