Pending Home Sales

Wall Street is digesting a slew of economic data Thursday following updates on pending home sales, jobless claims and fourth quarter GDP estimates. Here's a look at the data and how the markets are reacting.  GDP: The second estimate released Thursday by the U.S. Bureau of Economic Analysis revised...

A four-week lagging (and leading) indicator which tracks mid-stage pending housing transactions edged lower in November, marking the sixth-straight month of declines, plummeting near pandemic lows. What Happened: Data issued by the National Association of Realtors (NAR) on Wednesday showed ...

Pending home sales rebounded in January from the previous month, with lower interest rates getting credit for the comeback, but sales still weren't as robust as they were a year ago. What To Know The National Association of Realtors reported Wednesday pending sales increased 4.6 percent to 103....

U.S. pending home sales climbed 3.5 percent to 109.1 in the month of February. The index now sits at its highest level since July of last year. The latest data point was especially important following January's relatively weak number. February marks the 18th consecutive year-over-year (Y/Y)...

U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...

Monday's economic data was mixed, leaving market participants focused on the key unemployment report coming Friday. Income And Spending Up Personal income and spending both rose in August. Personal income rose 0.3 percent, while spending surged up 0.5 percent. The Personal Consumption...

U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...

U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...

U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...

U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...

U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...

U.S. stocks were mixed despite the S&P 500 hitting new all time highs of 1,867.92. Rumors surrounding Russian military involvement in Ukraine naturally presented investor concerns and fear in the market. The market was boosted by a positive consumer sentiment and a steady existing-home...

U.S. stocks rose on Thursday as investors and traders focused on the positives. Data showed that the economy expanded in the fourth quarter as consumer spending gained traction. "Today the market is focused on the good news, or the developed world," Bill Stone, chief investment strategist at...