All three indexes posted gains for the week. The Dow Jones industrial average closed up 166 points, or 4.9% for the week, and the S&P 500 moved up 21 points Friday, or 6% for the week. The Nasdaq composite was up 38 points, or 7.6% for the week.
On the real estate front, Trepp LLC reported that CMBS delinquencies were flat in September and CoStar Group reported decreased vacancy rates for the U.S. office market as well as releasing its National Composite Index of commercial real estate prices through August.
Below are links to the top economics news for the week:
- Retail Sales increased 1.1% in September
- U.S. Rig Count is up 11 from last week at 2023; up 353 year over year
- U.S. Consumer Sentiment Index Unexpectedly Falls
- Business Inventories Rise More Than Expected
- U.S. import prices rose 0.3 percent in September
- U.S. Office Vacancy Decreases to 12.5%
- August CRE Prices Level-Off Following 4 Consecutive Months of Gains
- U.S. exports of goods and services decreased 0.1 percent in August
- Weekly Initial Unemployment Claims at 404,000
- Job openings in August were 3.1 million, little change from July
- CMBS Delinquency Rates Stabilize in September
- Small-Business Confidence Sees Modest Gain