22/10/13 Market Movements

Markets closed up, 41.46 points at 6,695.66 today.

Stock Prices
No movements to report.

Market Movements
Data released from the U.S. today indicated that payrolls rose less than forecast, which caused global stocks in Europe and the U.S. to rise. The data suggests to many investors that the Fed will not be in any hurry to reduce Quantitative Easing (QE).  It’s also worth noting that the payroll figures relate to a period before the government shutdown, indicating that the economy was lacking some momentum.