US housing market in strange turning point: inventory piling up, sellers outnumbering buyers, prices still high. Fed rate cuts may help buyers breathe but economy and buyer confidence also major factors.
Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.
US saw weakest tri-monthly employment print since pandemic, with only 73k jobs created in July. Downward revisions eliminated 258k jobs. Red flag for investors.
State Street Investment Management introduces 11 Select Sector SPDR Premium Income ETFs, combining sector exposure with covered-call approach for income.
Risk appetite took a breather Tuesday, with major U.S. stock indices retreating modestly from record highs as investors braced for a pivotal stretch of earnings and macro events.
