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Equities Sector Coverage: Wall Street Continues to Slump

Sector Recap | Equities.com |

Housing starts for April rose by 2.6% to an annual rate of 717,000, which topped estimates for a 680,000-unit rate. Permits to build new homes fell 7% to a 715,000-unit rate, which was short of


Equities Sector Coverage: Markets Edge Higher on Leading Economic Indicators

Sector Recap | Equities.com |

Initial Jobless Claims was reported at 364,000 as this data drifts lower towards that 350,000 recessionary threshold. Final third quarter real GDP came in lower than expected at 1.8%. The


Equities Sector Coverage: Wall Street Unphased By Downgrade Scare

Sector Recap | Equities.com |

The Dow Jones Industrial Average traded down to 12,076.71 then up to 12,215.71 staying below its October 27th high at 12,284.31. The NASDAQ traded down from 2661.92 to 2639.18 after a failed test


Equities Sector Coverage: Market's Bull Run Gets Cut Short

Sector Recap | Equities.com |

Factory Orders declined 0.4% in October when a rise of 0.8% was expected. The non-manufacturing ISM came in below expectations at 52.0. This measure of the services sector showed a 48.9 reading on


Equities Sector Coverage: Market Curbs Enthusiasm as Gains Lose Steam

Sector Recap | Equities.com |

The 20-City Composite of the S&P/Case-Shiller Housing Market Index shows that home prices rose 0.9% in July from June, but that prices are down 4.1% year over year. Consumer Confidence came in


Equities Sector Coverage: Stocks Rally As Energy and Financials Lead

Sector Recap | Equities.com |

New Home Sales fell 2.3% in August to an annual rate of just 295,000 units. The inventory of new homes fell to another new record low of 162,000 units. The price of a new home fell 7.7% year over


Equities Sector Coverage: Stocks Drop After Fed's Treasury Plan

Sector Recap | Equities.com |

Existing home sales rose 7.7% in August to a 5.03 million unit rate, topping the 1.4% gain economists had expected. The FOMC says that economic growth remains slow with continued weakness likely


Equities Sector Coverage: Greece Solvency Worries Wall Street

Sector Recap | Equities.com |

The National Association of Home Builders reported that their Housing Market Index dipped to 14 from 15 in September, as the housing depression continues. Tomorrow we get Housing Starts for August


Equities Sector Coverage: Stocks Shoot Higher As Investors Bargain Hunt, Await Fed

Sector Recap | Equities.com |

New Home Sales declined 0.7% in July to 298,000 units annualized. The inventory of new single family homes fell to a new record low at 165,000. The Richmond Fed Manufacturing Index fell to -10 in


Equities Sector Coverage: Stocks Pare Losses To Break Losing Streak

Sector Recap | Equities.com |

We had mixed data on the labor market Wednesday morning as Challenger, Grey & Christmas reported that planned layoffs rose to 66,414, a sixteen month high in July, while ADP reported that the


World Economic Forum at Davos 2019 - Joseph Weinberg CEO PayCase, Chairman Shyft

Matt Bird sits down with Joseph Weinberg CEO PayCase, Chairman Shyft at the World Economic Forum at Davos 2019