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TOKYO (dpa-AFX) - Japan's housing starts increased for the fifth straight month in August, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Wednesday.Housing starts climbed 8.2 percent yearly in August, though slower than the 8.2 percent growth in July. The expected…
U.S. pending home sales increased 0.3% month over month in August after a revised 2.6% decline in July. The reading compared with estimates for a 2.0% increase.
U.S. equities traded higher Thursday, with the Nasdaq up about 400 points and the S&P 500 and Dow also advancing. Initial jobless claims fell by 10,000 to 196,000 in the second week of September, versus estimates of 208,000.
U.S. stock futures advanced on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close. In a unanimous vote, all 12 Federal Open Market Committee members approved a 25-basis-point increase in the federal funds rate, bringing the target range to 3.75%—4.00%. Amid the Middle Eas
U.S. pending home sales declined by 2.3% month-over-month in July, versus a revised 4.8% drop in June and market estimates of a 0.3% rise.
Home Depot (NYSE: HD) reports second-quarter earnings of $4.92 per share and sales of $47.861 billion, both above analyst consensus, while the Nasdaq falls 1.25%.