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Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be
Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also
Semi-annual testimony from Fed Chair Jay Powell and earnings from FedEx will be the highlight for investors in a holiday-shortened week ahead as the market rally continued last week as the end of the second quarter approaches.
U.S. stocks were trading mostly higher Friday afternoon, after struggling for direction earlier in the session, with major benchmarks on track for weekly gains.
U.S. stocks ended down Friday, but that didn't keep the S&P 500 and Nasdaq Composite from extending their long weekly win streaks.