| October 22, 2014
theGrio and CNBC Market Update: 10/21/13
Last week investors cheered the end of the government shutdown with the S&P 500 reaching a new record high. Data such as Housing Starts and Industrial Production were not released due to the shutdown. However, we received the FED's Beige Book, which monitors economic activity, it shows the economy continued to expand, boosted by housing and auto sales.