Friday, October 1, 2010
Market Notes - Octobber 1, 2010
Stock futures continued to show strength following the latest economic data. Personal income for August increased 0.5%, which was more than the 0.3% expected increase. Income in the prior month increased 0.2%. Personal spending advanced 0.4%, equaling the pace in July and matching expectations. After U.S. markets open, reports on nationwide manufacturing activity, construction spending, consumer confidence, and auto sales will be released.