SCOREBOARD: Google glitch

Despite some good economic data, US stocks slipped on the back of a fall in tech stocks.

Markets were a little more disjointed overnight, with correlations braking down as markets effectively reacted to local news and events. Well their own market specific news flow. For the first few hours US stocks did little, brushing off that jump in jobless claims to 388,000 from 342,000 and also ignoring the solid improvement in the Philly Fed manufacturing index to 5.7 (average 7) from -1.9. Having said that both series have been so volatile they are worth ignoring for now. For what it’s worth the four week moving average for claims has been little changed at 365,000 which is consistent with ongoing robust jobs growth. So no real change to the outlook and the data didn’t have much of a market impact.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles