Stock Market Today: October 16, 2018
Harvey S. Katz, CFA and Mario Ferro | 10/16/2018
The major U.S. stock indexes started the day with a solid advance and, for the most part, built on that steady uptrend throughout the trading session. Economic news was largely upbeat today. Topping the list was the Labor Department’s report showing that job openings increased to a record 7.14 million in August, marking the highest point in decades. Elsewhere, the National Association of Home Builders said that its monthly confidence index was up a point in October, as housing demand remains solid.