The remnants of Tropical Storm Lee have left off torturing the Mid-Atlantic region after nearly a week,the sun and then the moon making a belated appearance,saving the sanity of the region's harried residents.At least 12 deaths resulted from T.S. Lee's effects,with the Susquehanna basin being seriously shaken by flooding.The storm was blocked from exiting the area for some time by Hurricane Katia,which is moving northward well off the east coast.
There were still some flash flood advisories from thunderstorms in Pennsylvania until 3am,however.
The stock market was not so fortunate on Friday,with Euro debt anxiety still in the forefront of traders' thinking,as well as concern that the Federal Reserve may not be offering supportive measures anytime soon.For the week,the Dow and S&P slid 2.7%,while the NASDAQ retreated 0.5%.The CBOE VIX volatility index rose 4.20 to 38.52.
Next week will see the release of inflation data,as well as the Empire State and Philly Fed manufacturing surveys,plus industrial production and retail sales figures.
The S&P futures fell a further 27.70 Friday evening,and bond index futures continued to strengthen.Oil was down 1.81 to 87.24 a barrel,while gold rose 1.90 to 1857.10 an ounce.
The Baltimore Orioles downed the Toronto Blue Jays 2-0 at Rogers Centre in Toronto Friday night.It was the first of the three final games of the season between the divisional rivals and bird-themed ballclubs of the American League East.
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