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US existing home sales increase less than expected in April
U.S. existing home sales increased 0.2% in April to 4.02 million units despite elevated mortgage rates and rising inflation, according to the National Association of Realtors.
US producer prices increase less than expected in March
U.S. producer prices rose 0.5% in March, less than expected, as energy costs surged amid Middle East tensions while service prices remained steady.
Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations
Wall St stocks closed mixed with weekly gains as investors monitor Middle East negotiations and inflation data impacting U.S. markets.
Here’s the schedule for Virginia’s minimum wage increases
Virginia will raise its minimum wage to $15 per hour by 2028, with incremental increases starting in 2027 and adjustments for inflation thereafter.
US weekly jobless claims rise, but remain at low levels
US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.
Inflation in focus for markets jostled by Middle East war signals
US inflation data and corporate earnings season are under scrutiny as the Middle East war drives energy prices and market uncertainty.
S&P 500, Dow end lower as escalating Iran war sours risk appetite
U.S. stocks closed lower amid escalating Iran conflict, rising oil prices, and inflation concerns despite a moderate CPI report. Dow fell 0.61%, Nasdaq gained 0.08%.
US consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices rose moderately in February with steady rents and rising gasoline costs before the Iran conflict escalated oil prices. Inflation remains steady but geopolitical risks loom.
Wall St ends higher as hopes of Iran war resolution offset inflation fears
Wall Street closed higher on hopes of a resolution to the Iran conflict, offsetting inflation fears amid rising oil prices and economic uncertainty in the US.
S&P 500 ends up slightly as tech dips, inflation cools
U.S. consumer prices increased less than expected in January, prompting traders to slightly raise the chance of a 25 basis point interest-rate cut in June.
US rate futures rise on softer January inflation boosting June Fed cut bets
US rate futures increased their odds of Federal Reserve rate cuts in June after January inflation data showed a smaller rise than expected.
US stocks fall as tech slides and treasury yields drop ahead of inflation data
U.S. stocks declined sharply led by tech sector losses and falling Treasury yields, as investors await key inflation data and assess Federal Reserve policy.
