Tag: Metal Products
-
Sales of newly built homes lose some momentum in June
[ad_1] The numbers: Sales of newly built homes in the U.S. fell in June, as demand cooled after a jump the previous month. U.S. new-home sales fell 2.5% to an annual rate of 697,000 in June, from a revised 715,000 in the prior month, the Commerce Department reported Wednesday. The number is seasonally adjusted and…
-
Five synchronized assets pointing to a ‘black swan event,’ says market veteran
[ad_1] Blame Elon Musk for the sour mood that’s shaping up for Thursday, as Tesla earnings gloom (see more below) appears to be having a pinball effect across several asset classes. Of course, the day is young, with lots more data and earnings to come, including some regional banks after the sector’s turmoil last month.…
-
3 S&P 500 sectors say new bull market is near. These 8 stocks are top picks.
[ad_1] The bear market for U.S. stocks may be nearing its end, according to an analysis of the market’s sector rankings. The sectors that typically perform the best at the end of bear markets have been improving. The opposite occurred over the three months leading up to the October 2022 low. While some exuberant bulls…