Stocks Opened Lower after Durable Good Data

U.S. stocks were lower in the early trading on Wednesday, after the report showed U.S. durable-goods orders
unexpectedly climbed last month. The Dow industrials lately shed 4.62 points, or 0.03%, to 15,329.97. The S&P 500
lost 1.46 points, or 0.09%, to 1,695.96. The Nasdaq Composite fell 3.08 points, or 0.08%, to 3,765.17.

Orders for long-lasting U.S. manufactured goods edged higher in August and gave a signal that the factory sector
gained a step midway through the third quarter. Durable goods orders rose 0.1 percent during the month, the
Commerce Department said on Wednesday.

Applications for U.S. home loans rose in the most recent week as interest rates fell for a second straight week,
data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted
index of mortgage application activity, which includes both refinancing and home purchase demand, rose 5.5 percent
in the week ended Sept. 20.

U.S. Treasury Secretary Jack Lew warned Congress on Wednesday that the United States would exhaust its borrowing
capacity no later than Oct. 17, at which point it would have only about $30 billion in cash on hand.

Amazon.com Inc unveiled two new high-definition tablets on Tuesday with a unique on-screen helpdesk feature it
hopes will give it an advantage over devices from rivals Apple Inc and Google Inc.

AutoZone Inc (AZO) , the largest U.S. auto parts retailer, reported a 15 percent rise in quarterly profit mainly
due to higher margins. Net income rose to $371.2 million, or $10.42 per share, in the fourth quarter from $323.7
million, or $8.46 per share, a year earlier.