Slump In Housing Starts: ‘Extremely Noisy’ Numbers Indicate Demand For New Homes Dipping
The number of homebuilding projects started in January fell to the lowest level since August, with the Midwest seeing the biggest drop.
Magnificent 7 Stocks Trigger Concerns Of Market Overheat: Bubble Trouble?
Bank of America's Michael Hartnett's insights reveal common catalysts for market bubbles, including tech innovation and central bank easing. Historic parallels to current Magnificent Seven stocks show potential for future burst, with rising Treasury yields as a harbinger.
Consumer Sentiment Hits 31-Month High In February, Inflation Expectations Edge Higher
U.S. consumer confidence rises in Feb. to highest since July 2021. Inflation expectations for the year ahead increase, but sentiment remains positive.
Producer Inflation Outruns Expectations In January, Chills Investor Bets On Fed Rate Cuts
U.S. producer prices rose more than expected in January, leading traders to adjust expectations for Fed rate cuts. PPI up 0.3%, core PPI up 0.5%.
Nasdaq, S&P 500 Futures Rise Ahead Of PPI Data: Analyst Flags Warning Signal That Could Pose Risk To Equity Market Rally
With a stock market holiday on Monday, trading volume may decrease, following the typical pre-holiday trend.
BlackRock’s $2.6 Trillion Asset Manager: ‘On Aggregate, The Economy Is In Good Shape’
As manager of BlackRock's global fixed-income portfolio, Rieder says "we're operating at a really good level."
Banks With High Commercial Real Estate Loan Exposure In Regulatory Spotlight: Valley National Bancorp And 15 Others To Watch
US banks with large CRE loan portfolios face increased regulatory scrutiny, but NYCB stands out with steady growth despite exceeding threshold.
S&P Reclaims 5,000 As Disappointing Retail Sales Put Fed Cuts Back On Track, Small Caps Shine: What’s Driving Markets Thursday?
US stocks surge on strong earnings and speculation of Fed rate cuts. S&P 500 rebounds past 5000, Nasdaq 100 pauses. Small caps outperform. Tesla, Wells Fargo, and CBRE rally on positive news while Deer & Antero Resources shares drop. Other companies react to earnings.
Treasury Yields Almost Fully Erase Post-Inflation Data Surge As Poor Retail Sales Reignite Fed Cut Hopes
US Treasury note yields retract surge after the January inflation report, indicating a quick shift in investor sentiment.
Nasdaq, S&P 500 Futures Edge Higher Ahead Of Economic Data Deluge: Analyst Lists 5 Reasons Why 2024 Will Be Another Good Year For Equity Market
The upward momentum appears to be intact despite the inflation-induced weakness seen earlier this year, and futures trading point to a cautious start.