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Yahoo FinanceStocks slide as debt ceiling vote looms, jobs data stays hot: Stock market news today
US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.
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Stocks drift amid debt-ceiling drama, AI mania: Stock market news today
US stocks were mixed amid hopes the hard-won debt-ceiling deal will get through a divided Congress in a matter of days.
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Homebuyers frustrated in April as inventory problems remain 'critical'
The National Association of Realtors’ index of pending home sales remained at a 78.9 reading in April, posting no change from March.
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Toll Brothers is the latest builder to capitalize on housing shortage 'phenomenon'
The builder reported better-than-expected second-quarter profits and revenue late Tuesday.
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Stocks slide with debt talks, Fed minutes in focus: Stock market news today
US stocks ended the session lower Wednesday as investors fretted over a potential US debt default.
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DIYers get thrifty on home improvement projects, Lowe's execs say
Customers spent less per ticket, down 0.3% for the first quarter.
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Stocks sink as debt crunch continues: Stock market news today
The back-and-forth between President Biden and congressional Republicans has left investors on edge in the countdown to the June 1 "X-date", which is when Treasury Secretary Janet Yellen said a default is likely to come.
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Stocks mixed ahead of renewed debt talks: Stock market news today
Stocks closed mixed on Monday as President Joe Biden and House Speaker Republican Kevin McCarthy prepared to meet to resume debt-ceiling negotiations later in the day.
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Existing home sales fall again in April amid continued inventory woes
Sales in April faded 3.4% from the month before to an annualized rate of 4.28 million.
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Stocks surge as earnings, debt-ceiling talks stay in focus: Stock market news today
Stocks rallied on Wednesday as investors remained hopeful that debt-ceiling talks between President Joe Biden and congressional leaders will produce a breakthrough.
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Home Depot's lackluster Q1 shows that remodeling boom is over
Customers shied away from flooring, kitchen, and bath during the quarter, another potential signal that they are downsizing projects.
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Stocks tumble amid debt ceiling talks, retail sales data release: Stock market news today
Wall Street is watching for signs of movement in the debt ceiling impasse, with a meeting between President Joe Biden, and House Speaker Kevin McCarthy set for Tuesday afternoon in Washington.
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Homebuilder confidence hits highest level since July 2022
The reading of homebuilder sentiment also topped expectations as inventory conditions favor builders.
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Stocks rise amid debt limit hopes, economic data, Fedspeak: Stock market news today
US stocks were mixed on Monday as investors hoped that lawmakers can reach a deal in the debt-ceiling standoff, while assessing fresh economic data and Fedspeak.
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Commercial real estate lending is tanking, with one metric at a 13-year low
Total CMBS issuance in the first quarter hit the lowest level since 2010.
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Stocks mixed as inflation drops below 5% level: Stock market news today
Wednesday's CPI report was the main event for investors.
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Housing costs remain 'largest contributor to inflation'
The shelter component of the April Consumer Price Index (CPI) rose 0.4% month over month after rising 0.6% in March.
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Stocks fall as focus turns to debt ceiling and inflation data: Stock market news today
Wall Street watched highly anticipated debt ceiling talks and looked ahead to Wednesday's inflation report.
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Stocks slide after Fed announces 0.25% rate hike: Stock market news today
Stocks lost steam after Fed Chair Jerome Powell threw cold water on the market's hopes for rate cuts.
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Stocks sink as bank shares plunge, Fed meeting gets underway: Stock market news today
Investors are worried there's more turmoil to come for regional banks. They're also looking ahead to Fed decision day Wednesday.
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