Weekly Market Commentary – 11.08.21

Waterman Wealth Strategies |
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Weekly Market Commentary

Economic Review

  • The ISM Manufacturing Index decreased in the month of October to 60.8, however, it fell less than economists’ expectations of 60.5.
  • The ISM Services Index increased to 66.7 in October, beating economists’ expectations of 62.
  • Nonfarm payrolls for the month of October increased by 531,000, which was higher than economists’ expectations of 450,000.

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