Even if one expects Trump to succeed, prolonging of political manoeuvres, could make the global supply chain more susceptible to disruption
Labor market conditions remained "tight," with "modest" employment and wage gains, according to the survey, which is prepared in advance of a November 1-2 monetary policy meeting.
Forex - Dollar mostly higher after Bernanke, Beige Book
Global markets were calm today morning as there was no fresh weak data to spook them, says Marco Valli of UniCredit. The US stocks rebounded more than 1 percent as big companies such as Coca-Cola and Johnson & Johnson posted strong earnings results.
The US markets closed higher, helped by an upbeat start to earnings season with Alcoa numbers and the Fed's latest beige book report, giving investors a chance to breathe a sigh of relief following a string of declines.