October 31, 2017
Tuesday's economic news is strong led by the employment cost index and increasing indications that a labor-market squeeze may be underway. Chicago purchasers report unusually strong activity though hiring is being limited by lack of available candidates. Consumer confidence is at a 17-year high amid strong assessments of the labor market and strong expectations for stock market gains. Financial markets were little changed in narrow trading with the Dow up 0.1 percent to 23,377.