NAHB Housing Market Index

The financial markets have been swaying to each piece of incoming economic data, given the Fed Reserve’s data dependence in its current rate-tightening cycle. The upcoming week will have more than its fair share of data that could create further volatility in the market, especially as...

Market strategists and analysts have started calling out a bottom and an inflection higher with the slowdown in the October producer and consumer price inflation data. An analyst, however, thinks it is too early for a party. What Happened: The National Association of Home Builders, or NAHB,...

The Past Week, In A Nutshell What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat. Remember This: “Regardless of who may win the election, we think the continued economic rebound will support future equity gains,” said Ryan Detrick, chief market...

The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...

U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...

U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...

U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...

The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...

Futures Lower After Cisco Earnings, Weaker Dollar U.S. equity futures traded slightly lower in early pre-market trade following some weak guidance from Cisco (NASDAQ: CSCO) for the upcoming quarter and as the dollar traded lower. Also, some weak earnings in Europe weighed on sentiment. Top News...

Next week, economic data rises to the fore as key reports from around the globe come into focus. Domestically, industrial production, retail sales data, and the Reuters/University of Michigan Consumer Sentiment Survey will be in focus. Key Earnings In the coming week, the earnings calendar...

Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...

Futures Lower on Weak Chinese Economic Data U.S. equity futures traded sharply lower in the pre-market following Friday's sell off on weaker than expected economic data from China. China reported that first quarter GDP grew at a 7.7 percent annualized rate vs. 8.0 percent expected, while...

Futures Sharply Lower on Cypriot Bailout, Deposit Raid U.S. equity futures traded sharply lower in early pre-market trade Monday after EU leaders agreed to a bailout in principle for Cyprus, however choosing to penalize savers in the country for the bailout. The EU is set to place a levy on...