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Wall Street Poised To Open In Negative Territory

Reaction to the Consumer Confidence and Existing Home Sales might be the focus on Wednesday. Asian shares finished mostly up, while European shares are trading notably higher.

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Falling Mortgage Rates Spark Increase in Housing Market Potential, According to First American Data & Analytics Potential Home Sales Model -December 18, 2023 at 07:04 am EST

Recent mortgage applications data indicates a thaw in the housing market is upon us, says Chief Economist Mark Fleming .

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Housing Market Potential Increases, but Remains Squeezed by Supply Shortage, According to First American Potential Home Sales Model

Housing Market Potential Increases, but Remains Squeezed by Supply Shortage, According to First American Potential Home Sales Model
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United statesMark flemingNational association of realtorFirst american financial corporationCompanies to workFortune magazineMarket potential increasesRemains squeezedSupply shortageFirst american potential home salesAmerican financial corporationFirst americanPotential home sales modelEconomist analysisSupply challengesHousing market potential increased modestly

Futures Suggests Wall Street To Open Moderately Up

The weekly Jobless Claims, Existing Home Sales reports as well as Philadelphia-area Manufacturing Activity might be the highlights on Thursday. Walmart Inc. reported a decline in first-quarter earnings, however, beat estimates.

United statesWalmart incJobless claimsExisting home salesPhiladelphia area manufacturing activityWall streetFed philadelphia manufacturing indexNational associationRealtor existing home salesCommerce retail salesFed balanceTreasury note auctionsTreasury inflation protection securitiesShanghai compositeHang sengAll ordinaries

Wall Street Might Open In Negative Zone

The Weekly Jobless Claims, Existing Home data, and Leading Economic Indicators might be of interest to investors on Thursday. Earnings reports will also get attention today.

Labor department joblessCathay bancorpEnergy information administrationT incWeekly jobless claimsExisting homeLeading economic indicatorsWall streetLabor departmentJobless claimsPhiladelphia fed manufacturing indexNational associationRealtor existing home salesConference boardLeading indicatorsGas report