July platinum US:PLN4 slid $39.80, or 2.7%, to $1,441.30 an ounce on Comex, and September palladium US:PAU4 dropped $40.75, or 4.7%, to $819.40 an ounce. Palladium prices closed at $860.15 on.
Apple reports earnings for its fiscal third quarter on Tuesday after market close. Analysts and investors will be watching to see if iPhone sales. the first half of 2017, Apple’s revenue in.
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The Commerce Department said Wednesday that new-home sales fell to a seasonally adjusted annual rate of 571,000 in July, down from 630,000 in June. Last month’s figure was the weakest since December. Still, sales in the first seven months of the year are 9.2 percent higher than in the same period last year.
Bayview purchasing pingora loan servicing platform Annaly Capital Management and Bayview Asset Management announced Tuesday that the companies reached an agreement that will see bayview acquire pingora Holdings and its subsidiaries, Pingora Asset Management and Pingora Loan Servicing, from Annaly. Source: HousingWire Magazine
The supply of new homes available for sale dropped slightly during the month to 150,000, a 5.8-month supply. New home sales remain very depressed compared with the mid-2000 boom years.
New home sales took a 9.4 percent tumble in July. They also tumbled 8.9 percent over the year. Furthermore, the trend in median new home prices flattened in 2017 after a long upward trajectory.
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“We have rebounded nicely after the stumble from the Fed meeting in June so we will start to run into some resistance as we head higher.” The S&P 500 has dropped 3.3 percent. gauge rallied 13.
July Housing Market Update. According to NAR, home sales rose 9% nationwide, while days on market (-8%)and listings dropped (.4%) in July. July is usually not a big month for real estate sales so an 8% price may predict even higher price rise rates in the fall. NAR believes home prices will rise 9% YoY.
Washington – U.S. sales of new homes last month registered the biggest drop in more than two years. The Commerce Department said Tuesday that new-home sales skidded 11.4 percent in April to a.
“First half. after hitting a record intra-day low of 8.84 on July 26. Data back to 1990 suggest that VIX is typically closer [to] 20 plus when the S&P 500 starts a correction of 5%, 10%, or 20%,”.
After a disappointing end to 2018, the S&P 500 has delivered impressive returns in the first half of 2018, gaining 17.3% year to date. But there have been plenty of individual stocks that have.