Economic indicators

An underlying measure of U.S. consumer prices picked up in October while trailing forecasts on an annual basis, offering mixed signs on inflation.

The federal government ran a $100.5 billion deficit in October.

Consumers’ inflation expectations held, but respondents expect income and spending to rise.

Small business optimism slipped a bit in October, as the National Federation of Independent Business' Small Business Optimism index dipped to a reading of 107.4.

September wholesale inventories increased by 0.4%, revised upward from the 0.3% increase reported in the advance estimate.

The University of Michigan's preliminary November consumer sentiment index reading was 98.3.

U.S. producer prices rose more than forecast in October for the biggest jump in six years on broad gains in costs for goods and services.

Initial claims for U.S. state unemployment benefits fell by 1,000 to 214,000 in the November 3 week, slightly above expectations.

U.S. consumer debt in September posted the smallest increase in three months.

The Conference Board's Employment Trends Index (ETI) grew to 110.72 in October from a downwardly revised 110.39 in September.