Stock Market futures reeling! Chicago Fed national activity index moderates for 3rd-straight month

[Roland99]

DJIA F 27,881 -308 -1.09%
S&P F 3,416.50 -35.30 -1.02%
NASDAQ F 11,561.50 -102.00 -0.87%
Gold 1,903.30 -1.90 -0.10%
Silver 24.300 -0.375 -1.52%
Crude Oil 38.80 -1.05 -2.63%


Chicago Fed’s national activity index moderates for third straight month in September
National Activity index slips to 0.27 in September from 1.11 in August
https://www.marketwatch.com/story/chicago-feds-national-activity-index-moderates-for-third-straight-month-in-september-11603717071

The numbers: The Chicago Fed’s national activity index, which is designed to gauge overall U.S. economic activity, fell to 0.27 in September from a revised 1.11 in the prior month. The index’s three-month moving average, which tries to smooth out volatility, moved down to 1.33 from 3.22 in August.

A zero value of the index indicates the national economy is expanding at its historic trend rate of growth.

The August reading was revised from an initial reading of 0.79.

...

Big picture: This is the third straight weaker reading in the index. It fits with worries that the economy is faltering after a burst of activity earlier in the summer. Additional fiscal support for the economy still seems blocked in Congress.

[Roland99]

1. things got a tad bit.... WORSE

Dow 27,616.31 -719.26 -2.54%
S&P 500 3,392.25 -73.14 -2.11%
Nasdaq 11,358.37 -189.91 -1.64%
GlobalDow 3,009.86 -59.54 -1.94%
Gold 1,905.10 -0.10 -0.01%
Oil 38.42 -1.43 -3.59%

[Roland99]

2. All 30 Dow stocks are falling, led by American Express and Boeing

https://www.marketwatch.com/story/all-30-dow-stocks-are-falling-led-by-american-express-and-boeing-2020-10-26


ignoring a pandemic is not taken too kindly by the markets

[Johnny2X2X]

3. Joe missed a chance at the last debate, re DOW

When Trump was talking about 401Ks, Joe should have chimed in that 401Ks went up more under Obama and him than they have under Trump.

If the DOW crashes this week it's going to b another nail in the coffin.

[Roland99]

4. Still dropping

odds on when Twitler will blame today's drop on Biden?

Dow 27,440.16 -895.41 -3.16%
S&P 500 3,372.59 -92.80 -2.68%
Nasdaq 11,244.46 -303.83 -2.63%
GlobalDow 3,001.55 -67.85 -2.21%
Gold 1,903.10 -2.10 -0.11%
Oil 38.38 -1.47 -3.69%

[Hermit-The-Prog]

5. "still seems blocked in Congress"? Are they afraid to name Moscow Mitch and GOP?

It is not Congress blocking fiscal support for the economy; it is Mitch McConnell and Republican Senators.