MARKET RECAP

• US stocks +1.96%, international stocks +1.01%, bonds +1.08%, bitcoin +4.2%, gold -2.95%.
• Stocks closed at record highs on Friday, as stocks gapped higher.
• Earnings are coming in strong, +9.2% based on 29% reporting, and 87% have beaten estimates.
• Headline CPI was 0.3%, just below the 0.4% consensus. That was deemed sufficient to give the go-ahead for another interest rate cut at the next meeting.
• The government is still shut down with no end in sight, but investors don’t seem to care.

US STOCKS

SCOREBOARD