Dow Futures Down on Durable Goods..Home for the Holidays

UPDATE: 4:40 pm EST: Dow closed up 247, NAS up 67 to close over 1500 WOOHOO and S&P up 30.

Have a Happy Holiday!

DOW futures down sharply on the biggest drop in Durable Goods Orders in two years, down 6.2%.

A surprise pop in Personal Income up 0.3% is offset by the drop in Consumer Spending, down 1% in October

The first time Jobless Claims fell 14,000 to a moving avg of 529,000 last week…

The incoming Administration announces Paul Volcker will head up a new economic advisory panel and Austan ‘NAFTA’ Goolsbee will be the policy director of the panel…

Enjoy the Holiday!!


November 26, 2008. Tags: , , , , , . Cabinet, Economy, Finance, Obama Administration, Wall St.

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