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Dow Futures Fall As US Government Reopens
The Motley Fool ^ | October 17, 2013 | The Motley Fool

Posted on 10/17/2013 6:04:37 AM PDT by John W

Stock index futures suggest that the Dow Jones and S&P 500 may open lower this morning, as investors shrug off a temporary deal to reopen the US government and lift the debt ceiling.

European markets were unimpressed by the news from Washington, and edged lower through the morning.

US federal agencies will reopen today, but it may be a few days before the backlog of economic reports which were delayed by the government shutdown become available. Today's key report, the weekly jobless claims report, is due at 8.30am and is expected to show 335,000 new unemployment claims last week, down from 374,000 the previous week. September's housing starts, building permits, industrial production and capacity utilization reports -- all due today -- are all expected to be delayed

(Excerpt) Read more at fool.co.uk ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:

1 posted on 10/17/2013 6:04:37 AM PDT by John W
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To: John W

Mark my words, zero will instigate something soon!


2 posted on 10/17/2013 6:05:57 AM PDT by seeker41 (take your country back by whatever means necessary)
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To: John W
I don't follow this stuff except to play the numbers game compared to whatever the news is that day. So I have no credibility concerning Wall St. ... but .... didn't I see the numbers go UP when the pubbies stuck to their guns and determined to shut the gummint down ... and hold out on the debt ceiling ?

And NOW what ... they cave and the numbers go down ?

I may not know what I'm talking about ... but the numbers tell a story ... don't they?

At least a paragraph or two ... maybe a chapter of the tome ?

3 posted on 10/17/2013 6:08:56 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: seeker41

I’m sure today’s “statement” will include multiple shots across all our bows.


4 posted on 10/17/2013 6:08:59 AM PDT by John W (Viva Cristo Rey!)
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To: John W

Being blamed on one bad report from IBM.

RIIIIIIIGGHHHHHT.


5 posted on 10/17/2013 6:10:57 AM PDT by Buckeye McFrog
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To: John W

Not possible. All is well.


6 posted on 10/17/2013 6:12:56 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

America gets a new Trillion Dollar credit card and the markets react negatively. Who’d have guessed?


7 posted on 10/17/2013 6:15:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

I am starting to feel like I am being lied to by the MSM. It’s as if they want to manipulate me or others into believing the unbelievable.

Am I alone in this?


8 posted on 10/17/2013 6:19:06 AM PDT by 1010RD (First, Do No Harm)
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To: John W

Hey didn’t the investors hear the news. Obama won. The shutdown is over and the debt limit has been raised. Blessed be Obama! $17 trillion in Federal debt, $110 trillion in unfunded liabilities, trillions more in state and municipal debt, wholesale dollar printing, continued deficit spending, endless rules and regulations to halt productive capitalism. Just a bunch of TEA party distractions. Obama rules.


9 posted on 10/17/2013 6:19:58 AM PDT by allendale
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To: 1010RD

Not hardly.


10 posted on 10/17/2013 6:24:35 AM PDT by John W (Viva Cristo Rey!)
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To: seeker41

Feels like we’ve lost a war ... that we didn’t know we were in...


11 posted on 10/17/2013 6:25:10 AM PDT by GOPJ (Brieitbart sent me... Freeper newfreep)
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To: John W

Market should fall. Government is controlled by evil people who have this nation on a disaster course.


12 posted on 10/17/2013 6:25:26 AM PDT by mulligan
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To: John W

I was a trader at the CBOT for years. “ Buy the rumor, sell the fact”.


13 posted on 10/17/2013 6:28:00 AM PDT by Blackirish
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To: Blackirish
I was a trader at the CBOT for years. “ Buy the rumor, sell the fact”.

Exactly. I have advised this and (last Tuesday) did this.

Somewhere around 4-5% lower, before the end of October; back in.

14 posted on 10/17/2013 6:34:32 AM PDT by cicero2k
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To: All

Down 100 at the open.


15 posted on 10/17/2013 6:41:48 AM PDT by John W (Viva Cristo Rey!)
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To: John W

How can this be?

The cloud over the District of Criminals has been removed; unicorns are pooping Skittles; dogs and cats are living together. . .


16 posted on 10/17/2013 6:44:20 AM PDT by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: GOPJ

Reminds me of the scene in the movie Braveheart, where William Wallace (Mel Gibson) finds out only when the battle begins that a number of his allies (Mitch McConnell and assorted RHINOs) he was counting on to turn the tide, had been bought off by the king with new homes, titles and land,


17 posted on 10/17/2013 6:52:14 AM PDT by captmar-vell
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To: 1010RD
I am starting to feel like I am being lied to by the MSM. It’s as if they want to manipulate me or others into believing the unbelievable.

LOL! I see what you did there. Clever. :)

18 posted on 10/17/2013 6:56:35 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: seeker41

Agreed.


19 posted on 10/17/2013 7:04:47 AM PDT by The Working Man
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To: John W

Markets don’t appear to be really overjoyed about the rats and McAinal winning the debt ceiling battle for now:

Dow Down 0.46% Nasdaq Down 0.04% @ 7:30 am PDT, 10/17/2013


20 posted on 10/17/2013 7:32:14 AM PDT by Grampa Dave ( Boycott Reno & Las Vegas until those in control there, remove Reid from the senate!)
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To: 1010RD

A friend sent me email telling me SS checks will only go up by 1% next year because cost of living has not risen. So all must be good all across the USA. I do know that the monthly charge for Medicare premiums is increasing more than that so it must be the greedy doctors and hospitals who are responsible. The increases in cost of food, taxes and most everything else must be a figment of everyone’s imagination.


21 posted on 10/17/2013 10:12:33 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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