Prior was 5.22m
Sales up 1.9% vs -0.4% exp
Prior was +1.4%
Inventory 1.74m or 3.9 months
Median price $257,700, up 4.2% y/y
Housing has been a nagging worry this year and one report won't change that but it's a reprieve.
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Barclays sees gold hitting $4,900 as Iran-driven correction fades. Gold underperformed during the crisis for technical reasons; Barclays argues the structural case is unchanged.
Micron's fair value nears as AI chip demand fuels gains. Shorting puts yields 7%.
Dow hits record high on deal hopes; SpaceX rockets, Nvidia jumps 10%. Traders eye valuation shifts.
SpaceX rockets 19% on debut! Traders cheer its valuation, ignoring broader market jitters.
The Bank of Japan is expected to raise its policy rate to 1% on Tuesday, a 31-year high, with Deputy Governor Uchida to brief markets on the outlook amid uncertainty over the Iran peace deal.
Nvidia's $20B debt sale fuels AI boom, boosting stock. Investors eye growth vs. rising debt.
Explosions heard in the Strait of Hormuz
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