Page 37 - Jeffrey Roach News Today

The blue chip index closed higher for a 12th straight day as Dow stock 3M rallied on a Q2 earnings beat.

The blue chip index closed higher for a 12th straight day as Dow stock 3M rallied on a Q2 earnings beat. Stocks continued to climb higher Tuesday, with the Dow Jones Industrial Average extending its longest daily win streak since 2017. Ahead of tomorrow's Fed decision – and a slew of earnings from Big Tech – investors today digested data on home prices and consumer sentiment, as well as a mixed batch of quarterly reports. In today's economic news, the S&P CoreLogic C...

Another week of "Earnings Recession" is expected as social media stocks (Twitter, Snap), and some technology companies (Alphabet, Intel, Microsoft) missed on

Today the Bureau of Labor Statistics released the PPI. But the number was all relative. First it was the first monthly decrease since April 2020

Amid a tight housing market, rising mortgages and short supply, the construction of single-family homes fell 8% in June, according to new data from the Census Bureau. Housing Market 2023: Prices Are...

A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the Federal Reserve's effort to tame inflation even as tightening credit conditions are beginning to take the wind out of the apartment building boom. Groundbreaking on multifamily homes that have more than five units - a size that typically indicates apartment construction - decreased by 11.6% to 482,000 in June from a revised 545,000 starts in May, the Commerce Department sa...

But markets are still uncertain about Fed’s moves with data inconclusive.

A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the Federal Reserves effort to tame inflation even as tightening credit conditions are beginning to take the wind out of the apartment building boom.

The Commerce Department released new retail data on Tuesday morning, revealing that consumer spending barely rose last month even as inflation moderated.

(Bloomberg) -- US stocks rose on Wednesday as investors cheered cooling inflation in the UK and looked ahead to a kickoff in tech earnings due at the close of New York trading.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Going WrongMusk Says Tesla to Sp...