Fed Beige Book: Economic activity "continued to rise, albeit at a modest pace" through early...

|By:, SA News Editor
Fed Beige Book: Economic activity "continued to rise, albeit at a modest pace" through early October. Manufacturing continued to expand, retail spending was flat to moderately positive, housing remained weak. There were reports of increasing demand for loans. Stocks add to gains: Dow +1.4% to 11130. S&P +1.2% to 1180. Nasdaq +1.1% to 2463.