U.S. stock futures were pointing to slight losses early on Friday. American equity markets looked set to take a breather ahead of the release of the Federal Reserve’s preferred inflation gauge, despite continued gains in Chinese markets. S&P 500 futures were losing 0.1% and Nasdaq 100 futures were down 0.3%.
Intermediate Treasuries and investment-grade corporate bonds are the sweet spot now, and high-yield bonds and collateralized loan obligations are attractive. Where to find the best returns.
The Energy Information Administration (EIA) reported a change in the number of cubic feet of natural gas held in underground storage this week, with the actual figure coming in at...
The National Association of Realtors (NAR) has released its latest Pending Home Sales Report, revealing a slight increase in the number of homes under contract awaiting closing...
The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, rose 0.6% last month to 70.6 from July's 70.2, which was the lowest reading since the series started in 2001. On a regional basis, pending home sales rose in the West, South and Midwest, while falling in the Northeast. "A slight upward turn reflects a modest improvement in housing affordability, primarily because mortgage rates descended to 6.5% in August," said Lawrence Yun, the NAR's chief economist.
In a surprising turn of events, the durable goods orders, a key indicator of the economic health of the manufacturing sector, remained unchanged in the latest report. The actual...
The number of Americans filing for unemployment benefits for the first time, known as Initial Jobless Claims, has shown a decrease, according to recent economic data. The actual...
In the latest economic data, the US Gross Domestic Product (GDP) remained steady, matching both forecasted and previous figures. The GDP, which measures the annualized change in...
The market will be paying attention to the reaction to Micron Technology’s earnings and the release of weekly initial jobless claims. Dow Jones Industrial Average futures were rising 156 points, or 0.4%. S&P 500 futures were gaining 0.7% and Nasdaq 100 futures were up 1.3%.
The Chinese economy is being dragged down by tumbling property values, and the government is stepping in to boost economic growth. U.S. home prices continue to climb.