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The Dow Jones Industrial Average and S&P 500 each lost more than 0.2% amid mixed earnings results and economic data.
“There was no material bounce apparent in the September durable goods order data, which were again held back by a big drop-off in the aircraft orders category,” Patersons Securities economist Tony Farnham said this morning, but noted Boeing recently made positive comments on its order book.
“The October Conference Board consumer confidence index figures were under economists’ consensus projections – perhaps survey respondents took note of the underwhelming September non-farm payrolls data issuing earlier in the month.”
Elsewhere, Canadian, British and European stocks were also lower, setting the ASX up for a fall today.
The SPI 200 Futures index was 21 points lower.
Gold was again flat at $US1165.80 an ounce, while oil dropped.
Iron ore snapped its five-day losing streak, rising by 0.9% to $51.50 per tonne.
On the London Metal Exchange, nickel and copper rose, zinc was flat, and tin, aluminium and lead dropped.
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