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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (14699)	11/3/2004 10:18:13 AM
From: Knighty Tin	Respond to of 116555

I expect another pop, as there are a lot of late risers who watched the results all night.

To: orkrious who wrote (14699)	11/3/2004 10:32:45 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

U.S. Sept. factory orders down 0.4% vs up 0.4% forecast Wednesday, November 3, 2004 3:15:24 PM afxpress.com WASHINGTON (AFX) - Orders for U.S.-made factory goods fell 0.4 percent in September, the Commerce Department said Wednesday. The drop was unexpected. Economists had been forecast factory orders to rise 0.4 percent, according to a survey conducted by CBS Marketwatch. August orders were revised lower to a fall of 0.3 percent compared with the initial estimate of a 0.1 percent decline. This is the first two-month decline in factory orders since Nov.-Dec. 2002

To: orkrious who wrote (14699)	11/3/2004 11:10:31 AM
From: mishedlo	Respond to of 116555

U.S. ISM service-sector index rises more than expected Wednesday, November 3, 2004 3:47:55 PM afxpress.com CHICAGO (AFX) -- A measure of the U.S. service economy expanded for a 19th straight month in October, the Institute for Supply Management said Wednesday. Its non-manufacturing business activity index increased to 59.8 percent from 56.7 percent in September. Readings over 50 percent indicate growth. Economists were expecting a reading of 58 percent. Separate measures for new orders, employment, order backlogs, imports, exports and prices all rose.

To: orkrious who wrote (14699)	11/3/2004 11:17:55 AM
From: mishedlo	Respond to of 116555

API confirms huge rise in crude stocks Wednesday, November 3, 2004 4:04:01 PM afxpress.com SAN FRANCISCO (AFX) -- The American Petroleum Institute said crude inventories for the week ended Oct. 29 rose by 7.8 million barrels to total 289 million. The Energy Department reported a 6.3 million-barrel climb. Distillate stocks rose by 501,000 barrels to total 115 million. Gasoline stocks were up 2.7 million barrels at 202.4 million barrels, according to the API data. December crude is now down 57 cents at $49.05 a barrel in New York