On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.2% in September after decreasing 0.1% in August, the Bureau of Labor Statistics reported. The index for all items less food and energy rose 0.2% in September after rising 0.1% in August. 

Real average hourly earnings increased 0.1% in September, seasonally adjusted. Average hourly earnings were essentially unchanged, and CPI-U decreased 0.2%. Real average weekly earnings decreased 0.2% over the month. 

The average interest rate for a 30-year fixed-rate mortgage is 3.82%, up from 3.76% one week ago, according to Freddie Mac. The average interest rate for a 15-year fixed-rate mortgage is 3.03%, up from 2.99%. 

In the week ending October 10, the advance figure for seasonally adjusted initial claims for unemployment insurance was 255,000, a decrease of 7,000 from the previous week’s revised level, the Labor Department reported. The four-week moving average was 265,000, a decrease of 2,250 from the previous week’s revised average. This is the lowest level for this average since December 15, 1973 when it was 256,750.

Gains for financial companies helped push the stock market toward its biggest gain in almost two weeks on Thursday, according to the Associated Press. The Dow closed 217.00 points (1.28%) higher at 17,141.75, the NASDAQ increased 87.25 points (1.82%) to 4,870.10, and the S&P 500 was up 29.37 points (1.47%) at 2,023.61. The Russell 2000 climbed 25.80 points (2.27%) to 1,162.77, and the Wilshire 5000 gained 321.31 points (1.54%) to finish at 21,201.42.

On the NYSE, 3.2 billion shares traded, and on the NASDAQ, 2.7 billion shares changed hands, with advancing issues outnumbering declining issues more than 4 to 1 on both exchanges.

The price of the 10-year Treasury note was down 12/32, increasing its yield to 2.018%. The price of the 30-year Treasury bond decreased 19/32, bringing its yield up to 2.865%.

ON THIS DATE: In 1829, in Boston, Massachusetts, the first modern hotel in America opened. The Tremont Hotel had 170 rooms that rented for $2 a day and included four meals. In 1928, Marvin Pipkin received a patent for the frosted electric light bulb. In 1943, Chicago’s new subway system was officially opened with a ribbon cutting ceremony. In 1962, U.S. President Kennedy was informed that there were missile bases in Cuba, beginning the Cuban missile crisis. In 1995, the “Million Man March” took place in Washington, D.C. In 2002, the Arthur Andersen accounting firm was sentenced to five years probation and fined $500,000 for obstructing a federal investigation of the energy company Enron.

And now it’s time for FRIDAY FILES!

In New York City, a woman sued her nephew—now 12 years old—for causing her to injure her wrist four years ago. According to the New York Daily News, the woman was invited to her nephew’s birthday party when he turned eight. When she arrived, he ran to her, yelling her name and saying he loved her, then jumped up, causing her to have to catch him. They both fell to the ground, and the aunt broke her wrist. In a lawsuit, the aunt says her life has been seriously affected—she has trouble walking up the steps to her Manhattan apartment and holding hors d’oeuvres plates at parties. She sought $127,000 in damages, but the court has ruled in the boy’s favor.                     

In Lakeland, Florida, a 23-year-old woman decided to broadcast herself driving into.xicated on Periscope, Twitter’s live video application. The video quickly spread online, the local CBS News station reports, and concerned viewers sent the woman text messages begging her to stop driving. The Lakeland, Florida, police were also contacted by a viewer who was able to identify a few landmarks near the woman. Police found her and she was arrested for D.UI.

In Brahehus, Sweden, a person called police to report the sighting of a possible I.SIL group. Police responded to the scene and found 30 bearded men holding a flag—members of a beard club called the Bearded Villains.

In Bonn, Germany, a 43-year-old man entered a home with the intention of robbing it. He went into a storeroom, and the doors slammed shut behind him. There was no way to open it from the inside, The Local reports. The man finally called police, who rescued him before arresting him.

In Clay County, Kansas, a man was burning garbage in a field when he noticed that the fire was getting out of control. In an attempt to put the fire out, he drove his van back and forth over the flames. However, the tires of the van caught fire. That’s when it dawned on the man that since his van was loaded with firearms ammunition and had a full tank of gas, it may not be safe. According to the Kansas City Star, the man evacuated the area, and a Clay County Sheriff’s deputy responded to the scene after he saw smoke coming from the field while he was on a traffic stop. The deputy did not cite the man for anything.