The Conference Board Consumer Confidence Index, which had improved marginally in September (an upward revision), increased again in October. The Index now stands at 125.9 (1985=100), up from 120.6 in September. The Present Situation Index increased from 146.9 to 151.1, while the Expectations Index rose from 103.0 last month to 109.1. |
Tuesday, the Dow increased 28.50 points (0.12%) to 23,377.24, the NASDAQ gained 28.71 points (0.43%) to finish at 6,727.67, and the S&P 500 was up 2.43 points (0.09%) at 2,575.26. The Russell 2000 climbed 11.97 points (0.80%) to 1,502.87, and the Wilshire 5000 closed 57.22 points (0.21%) higher at 26.760.19. The price of the 10-year Treasury note was down 2/32, increasing its yield to 2.377%. The price of the 30-year Treasury bond was up 5/32, decreasing its yield to 2.874%. |
ON THIS DATE: In 1512, Michelangelo’s paintings on the ceiling of the Sistine Chapel were first exhibited to the public. In 1765, the British Parliament enacted The Stamp Act in the American colonies. In 1800, U.S. President John Adams became the first president to live in the White House. In 1848, the first medical school for women, founded by Samuel Gregory, opened in Boston. The Boston Female Medical School later merged with Boston University School of Medicine. In 1861, General George B. McClellan was made the general-in-chief of the American Union armies. In 1864, the U.S. Post Office started selling money orders. In 1870, the U.S. Weather Bureau made its first meteorological observations using 24 locations that provided reports via telegraph. In 1879, Thomas Edison executed his first patent application for a high-resistance carbon filament (U.S. Pat. 223,898). In 1894, “Billboard Advertising” was published for the first time. It later became known as “Billboard.” In 1950, two Puerto Rican nationalists tried to assassinate U.S. President Harry Truman. One of the men was killed when they tried to force their way into Blair House in Washington, D.C. In 1952, the U.S. exploded the first hydrogen bomb on Eniwetok Atoll in the Marshall Islands. In 1968, the movie rating system of G, M, R, X went into effect. In 1994, the Amazon.com domain name was registered. In 1998, Iridium inaugurated the first handheld, global satellite phone and paging system. WEDNESDAY WISDOM: “I may not have gone where I intended to go, but I think I have ended up where I intended to be.”—Douglas Adams, English writer
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