Wall Street Close: Bullish consolidation extends on US data, mixed earnings
US equities posted the least daily gains in three. US Jobless Claims spike, jump in
US: Home sales appear poised to strengthen in the second half of the year – Wells Fargo
Data released on Thursday in the US showed Existing home sales rose 1.4% during June,
US: Weekly Initial Jobless Claims rise to 419K vs. 350K expected
Weekly Initial Jobless Claims in US rose by 51,000. US Dollar Index stays flat on
US: Existing Home Sales rise by 1.4% in June, median home prices surge by 23.4% YoY
Existing Home Sales in the US rose modestly in June. US Dollar Index stays in
US: Home building regains momentum as supply shortage begin to ease – Wells Fargo
Housing data released on Tuesday came in mixed. Housing starts rose 6.3% in June to
US: Philly Fed Nonmanufacturing Index declines to 53.1 in July from 59.6 in June
Philly Fed Nonmanufacturing Index edged slightly lower in June. US Dollar Index renews multi-month highs
US: Housing Starts rise by 6.3% in June, Building Permits decline by 5.1%
Housing Starts in the US continued to rise in June. US Dollar Index stays in
US: Inflation to run between 2-3% in the aftermath of pandemic – JP Morgan
Looking to 2022 and beyond, inflation will be primarily determined by its long-term drivers. Economists
US Treasury Sec. Yellen: China trade deal has ‘hurt American consumers’ – NYT
In an interview with the New York Times (NYT) on Friday, US Treasury Secretary Janet
US: Retail Sales increase by 0.6% in June vs. -0.4% expected
Retail Sales in US rose modestly in June. US Dollar Index clings to modest daily