Durable goods order rise less than expected in October (NYSEARCA:SPY) – Seeking Alpha

In October, durable goods orders saw a smaller-than-expected increase. The rise in orders for long-lasting goods was not as high as forecasted. This news comes from the NYSEARCA:SPY index. Despite the increase being less than anticipated, it still shows growth in the durable goods sector. Investors and analysts will be keeping a close eye on how this trend develops in the coming months.