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The current conditions index fell 8.3% on the month, driven by weaker durable-goods buying conditions amid higher interest rates and affordability concerns. Sentiment is 10% below year-ago levels and 15% below February's reading.
East West Bancorp reported record Q3 2026 revenue, net interest income and diluted EPS. It raised full-year net interest income growth guidance to 9–10% and lowered its full-year net charge-off guidance.
US crude is down more than 1% and the US 10-year Treasury yield is hovering around 5.25% and edging higher; major indexes trade slightly red and most S&P 500 sectors are lower.
Oil prices decline as Europe heatwave intensifies and tech sector volatility continues