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Job Watch
First time unemployment claims:
- 258,000, a decrease of 10,000 from previous week
- four-week moving average: 252,500, up from 251,500 previously
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The Market
Set to re-structure? Sears 3Q16 loss wider than expected. Link here. Probably not hiring.
Costco profit tops estimates.
After a huge run-up yesterday, the market is (barely) holding on to its gains, up about 20 points.
NYSE:
- new highs: 339 -- again, a huge number, including BK, BRK-B, Caterpillar, MDU, Newfield, UNP,
- new lows: 6 -- wow. What can I say. Only 6.
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Tuna Salad Spread
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