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Benzinga Main Street Monitor: Manufacturing, Housing Sector Data To Present Reality Check After Inflation Scare
Monday, April 17, 2023 - 7:17am | 779After last week's mixed inflation data spooked the market, the focus shifts to the unfolding week, which is heavily weighted with data on the manufacturing and housing sectors. Mixed Inflation Signals: The Labor Department's consumer and producer price inflation reports released last week showed...
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'Room For Disappointment': Stock Market Update For The Week Ahead
Monday, September 14, 2020 - 7:10am | 2287The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness in the technology sector. Remember This: “While valuations have hinted to overstretched markets in the past, it’s tough to say where stocks should be trading right now. We just witnessed the...
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'A Subdued Market': Stock Market Update For The Week Ahead
Sunday, August 16, 2020 - 6:34pm | 2456The Last Week In A Nutshell What Happened: “This is a subdued market. We have recovered from the shock, but there have been a lot of sectors not really participating that much on the upside,” said ARK Invest CEO and CIO Catherine Wood. Remember This: “2020 is a year that is...
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Homebuilders Under Pressure After Housing Market Index Hits 8-Month Low
Tuesday, July 18, 2017 - 1:42pm | 522Housing stocks moved to the downside on Tuesday, with the SPDR S&P Homebuilders (ETF) (NYSE: XHB) down about 1 percent and stocks such as KB Home (NYSE: KBH), Toll Brothers Inc (NYSE: TOL), Lennar Corporation (NYSE: LEN) and D.R. Horton, Inc. (NYSE: DHI) also trending lower. The...
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Upcoming Earnings In The Housing Sector
Monday, September 19, 2016 - 1:54pm | 522On Tuesday, Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) will kick-start the earnings results for the housing sector. Their results will come on the back of continued low-interest regime. Significantly, investor sentiment on home builders have increased after the National Association for...
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Housing Sector In Focus Amid Several Data Points This Week
Monday, September 19, 2016 - 12:10pm | 297The SPDR S&P Homebuilders (ETF) (NYSE: XHB) advanced about 1.7 percent Monday morning after the National Association of Home Builders reported improved confidence on the sector. The NAHB's index for builder sentiment jumped six points and topped the Street expectations. The Index moved up to 65...
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Home Sizes Are Now Getting Smaller: Here Is What You Need To Know
Tuesday, August 23, 2016 - 3:13pm | 363It is hard to tell through personal observation, but the average size of a U.S. house is now shrinking, according to CNBC's real estate reporter Diana Olick. Olick cited data from the National Association of Home Builders (NAHB) and U.S. Census data, both of which confirm the median single-family...
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Jefferies Mostly Positive On Retailers Ahead Of Earnings
Tuesday, August 12, 2014 - 11:53am | 1212Jefferies analyst Daniel Binder released an earnings preview ahead of major retailers that are set to announce quarterly results. “We started the second quarter with conservative estimates and early reports have been mixed,” Binder wrote in a note to clients on Tuesday. “We...
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Important Economic Numbers This Morning
Monday, August 16, 2010 - 3:57am | 130There are some important numbers being released this morning that investors need to be aware of prior to the start of trading. At 8:30 a.m., the NY Fed is set to release its Empire Manufacturing Index for the month of August. The reading is expected to come in at 7.5, up from a reading of 5.08 for...
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Skip the Realtor--Sell it Yourself
Thursday, December 17, 2009 - 3:14pm | 195The housing market is still quite depleted, as reflected in a disappointing drop in the NAHB/Wells Fargo Housing Market Index (HMI) caused by declining consumer confidence from both buyers and sellers. In order to save money and hopefully cut losses, many home owners are avoiding realtors and are...