new estimate after inventory data

The 1st new estimate after the wholesale inventory data is out. UBS now sees 3Q GDP at 3.2% vs 2.9% last.

Later today the Atlanta GDPNow will be released.

The better GDP is not helping the US stocks:

  • Th Nasdaq is down -1.80% at 7600. The low reached 7584
  • The S&P is down -0.97%
  • The Dow is down -0.89%