Happy Halloween from the rainy pacific northwest!
The Dow closed down -10.75 (-0.08%) at 13,096.46.
Trading volume was expected to spike Wednesday after Wall Street spent two unscheduled days in the dark. But that didnâ€™t happen, as the number of shares trading hands was held in check as many investors were still without power and transportation remained limited in New York City.
The two-day trading halt was the longest weather-related closure of the NYSE since a massive blizzard struck New York in 1888.
With the city’s financial district without power, the stock exchange was running on back-up generators.
Today was one of those days where you just kick back and eat sandwiches, letting the interwebs flow around your mind, body and soul.
There were 11 Dow stocks up today, led by HD (+2.23%), BAC, JPM, MSFT and CAT.
The Dow losers were led by PFE (-2.2%), DIS, HPQ, DD and INTC.
The Walt Disney Company (DIS) agreed to buy Lucasfilm late Tuesday in a stock-and-cash deal valued at $4 billion, gaining control of the blockbuster Star Wars franchise.
Investors are also looking forward to the crucial October jobs report, which is the final reading on the health of the job market before the presidential election next week. While there had been some concern about the report being delayed, the Bureau of Labor Statistics says the report will be out on Friday morning as scheduled.
European stocks closed lower and Asian markets closed higher.
The dollar was down against the euro and British pound but gained versus the Japanese yen.
Oil for December delivery added 50 cents to $86.18 a barrel.
Gold futures for December delivery gained $7 to settle at $1,719.10 an ounce.
The price on the benchmark 10-year U.S. Treasury was up, pushing the yield down to 1.70%.