Welcome to the DC Today, your daily market synopsis of the Dividing Cafe, brought to you every Monday through Thursday to bring you up-to-date information and perspective on financial markets.

Welcome to DC today. I'm Trevor Cummings, filling in again for Mr. David Bonson. It might look like I'm wearing a Halloween tie today,

but I'm not wearing my Bulls and Bears tie. Markets were quite active today. I can't wait for

David Bonson to be back because he's going to have some good stories for you. He was at the

Economic Club of New York today, maybe not front row center, but a few rows back listening to Jerome Powell talk.

And he talked about via text message that there was a protest and they had to escort him out.

And he was giving us kind of live updates.

So he'll have a lot of fun stories and great facts and a lot of findings that he's going to bring back for all of our listeners.

A busy man today started out there at the Economic Club of New York and we'll finish the night

at the National Review gala. But like I said, markets were pretty crazy today and there's a lot

of data. So I will try to get everything organized and deliberate for you here on video or

audio, your listening choice. Today we had

Drum Pal's speech was headlines. That was the most important thing happening today. Then you

had jobless claims. You had the Philadelphia Fed manufacturing survey, existing home sales,

and then an update on Congressman Jordan's game plan. So the Dow was down 252 points.

It's become a theme that when Jerome Powell speaks, that markets go down.

So don't blame me for that performance today.

But that means the Dow was down about three quarters of a percent.

S&P was down 0.85 percent.

NASDAQ down 0.96%.

The top performing sector in the only positive sector for today, energy was almost flat, but slightly down.

So the only positive sector for the day was communication services up 0.33%.

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