This Morning’s Update and Trading Levels – November 26th, 2008
November 26th, 2008 Posted in UncategorizedGood Morning
As we prepare for the Thanksgiving Holiday equities aren't giving us much to be thankful for before the open.
Economic reports
Durable Good fell 6.3%, twice as much as expected and the biggest drop in two years.
Initial Jobless Claims fell 14K to 529K, the 4 week average rose to 518K, the highest level since 1983. Continuing Claims were revised to 3.962 million vs the 4.016 million reported last week.
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