U.S. Daily Market Review 21.11.19

U.S. stocks has been into a flat pattern today after mixed signals on trade and a row between Washington and Beijing over the crisis in Hong Kong.

The Dow Jones Industrial Average dropped 0.81 points, or 0.00%, at the open to 27,820.28.

The S&P-500 started the session 0.03 points higher, or 0.00%, at 3,108.49.

The Nasdaq Composite added 1.14 points, or 0.01%, to 8,527.87 at the start of the session. Sales of previously owned U.S. homes jumped in October as buyers responded to losing mortgage rates.

Contract closings advanced to a 5.46 million annual rate, an incline of 1.9% from September, according to the National Association of Realtors.

The number of officially Americans is around the same levels at a five-month peak last week, implying in falling market mode.

Moreover, the Fed last month reduced interest rates for the third time this year and indicated in a pause in the easing cycle that started in July.


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