STOCK MARKET WATCH -- Thursday, 26 October 2023

[Tansy_Gold]

STOCK MARKET WATCH, Thursday, 26 October 2023

Previous SMW:
SMW for 25 October 2023



AT THE CLOSING BELL ON 25 October 2023


Dow Jones 33,035.93 -105.45 (0.32%)
S&P 500 4,186.77 -60.91 (1.43%)
Nasdaq 12,821.23 -318.65 (2.43%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:













Gold & Silver:






Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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Quote for the Day:

The three other major brokerages – Bear Stearns, Morgan Stanley, and Lehman Brothers – also built up some super-senior exposure. Bear and Lehman had extensive experience in dealing with mortgage-backed bonds, and they prided themselves on running tight risk controls. As they each cranked up their CDO machines, they realized that super-senior risk was becoming like the toxic by-product of a chemical experiment or waste from a nuclear reactor. But they could find no good solution to the problem, and they weren't willing to switch off their CDO machines.

Gillian Tett. Fool's Gold: How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe. Free Press. © 2009.

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