NASDAQ 4,493.39 -12.46 points or -0.28%
Russell 2000 1,101.68 -16.23 points or -1.45%
On the final trading day of the quarter, the Market traded lower in the morning, rallied to positive territory and faded in afternoon trading to close down on the day. The Market was lower for the month of September, yet ended positive for the quarter with the Dow up 1.3 percent, the S&P gained 0.3 percent and the NASDAQ rose 1.9 percent. Ebay was the star stock of the day, jumping up 7.5 percent after the company announced their plan to spin off the PayPal division. The 10 year Treasury bond yield closed at about a 2.51 percent yield for the day. Trading volume was approximately 7.2 billion shares across all equity trading venues according to BATS exchange data.
All released and proposed to be released economic reports for the week are listed below.
8:30 am Personal Income report for August was 0.3 percent. That was exactly in line with Market expectations. The prior reported figure was 0.2 percent.
8:30 am Personal Spending report for August was 0.5 percent. The Market was expecting 0.4 percent. The prior reported figure was revised from -0.1 percent to flat.
8:30 am PCE Prices-Core report for August was 0.1 percent. The Market was expecting a flat report. The prior reported figure was 0.1 percent.
10:00 am Pending Home Sales report for August was -1.0 percent. The Market was expecting -0.2 percent. The prior reported figure was revised from 3.3 percent to 3.2 percent.
9:00 am Case-Shiller 20-city Index report for July was 6.7 percent. The Market was expecting 7.4 percent. The prior reported figure was 8.1 percent.
9:45 am Chicago PMI report for September was 60.5. The Market was expecting 61.5. The prior reported figure was 64.3.
10:00 am Consumer Confidence report for September was 86. The Market was expecting 92. The prior reported figure was revised from 92.4 to 93.4.
7:00 am MBA Mortgage Index report for September 27
8:15 am ADP Employment Change report for September
10:00 am ISM Index report for September
10:00 am Construction Spending report for August
10:30 am Crude Inventories report for September 27
2:00 pm Auto Sales report for September
2:00 pm Truck Sales report for September
7:30 am Challenger Job Cuts report for September
8:30 am Initial Claims report for September 27
8:30 am Continuing Claims report for September 20
10:00 am Factory Orders report for August
10:30 am Natural Gas Inventories report for September 27
8:30 am Nonfarm Payrolls report for September
8:30 am Nonfarm Private Payrolls report for September
8:30 am Unemployment Rate for September
8:30 am Hourly Earnings report for September
8:30 am Average Workweek report for September
8:30 am Trade Balance report for August
10:00 am ISM Services report for September