4th Quarter Update

U.S. stock indexes printed new record highs on Monday, in a strong start to the fourth quarter, boosted by technology and healthcare stocks and after data pointed to underlying strength in the economy. The Federal Reserve will need to "look hard" at whether it should raise rates in December, but there is no need to wait for inflation to actually get to, or even begin to rise back to, the Fed's 2-percent target before doing so, said Dallas Fed President Robert Kaplan, a voting member this year on the Fed's policy committee.

/ES Update: Market has printed new record high on RTH and reached temporary balance. New record at 2527 repaired Friday's imbalance.

Disclaimer: All information on this update is for educational purposes only and is not intended to provide financial advice.