U.S. pending home sales rise 0.3% in August
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.
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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.
NAR reported the US Pending Home Sales Index rose 0.3% to 71.2 in August.
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.
U.S. stock futures trend lower Tuesday as traders weigh heightened Middle East geopolitical risks, rising bond yields, and a heavy slate of earnings and economic data.