Scoreboard: USA heyday

An encouraging Beige Book report boosted enthusiasm on Wall Street, though bullish signs failed to lift commodities.

Following a fairly sluggish session in Europe (main indexes up 0.1-0.2 per cent), Wall Street looks to have found a decent bid with the S&P500 up 0.8 per cent (1653), the Dow 90 points higher (14,924) and the Nasdaq up 1 per cent (3648). Most of the gains had actually occurred prior to the Fed’s Beige Book (anecdotal report across the Fed regions), but this report wouldn’t have hurt, showing as it did that “national economic activity continued to expand at a modest to moderate pace during the reporting period of early July through late August.”

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've 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 activate your membership

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 unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
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