There were no economic data points to influence the markets today as both Stocks and Bonds are near unchanged levels. After two weeks of uncertainty surrounding the trials and tribulations in D.C., the capital markets can get back to what should be driving sentiment, economic data and corporate earnings.
The Labor Department reported yesterday that the September jobs report will be released on Tuesday, October 22 at 8:30am ET now that the government is back up and running. Various other government reports like Retail Sales, Consumer and Producer Price Index, Housing Starts and Building Permits and any other government data will be released in the coming weeks.
Online real estate company Zillow reported today that home price gains are slowing a bit after the big rise during 2012 and this year. Home values rose 1.2% in the third quarter from the second quarter and down from the 2.5% rise in the second quarter from the first. Zillow went on to say that more homes came on the market and Realtors said that there was less competition among buyers.
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