U.S. existing home sales plunge; new rules seen as drag
http://www.reuters.com/article/us-usa-economy-housing-idUSKBN0U51QH20151222
Required Reading Of The Day
Smugglers reap $1 billion windfall from refugee crisis Identities revealed for all six U.S. troops killed in Afghanistan attack Texas grand jury issues no indictments in case of woman found dead in jail Man who lent gun to Boston Marathon bombers to be freed Consumer, business spending support U.S. third-quarter growth Killer whale dies at…
Investor’s Edge: 12/22/2015
Investor's Edge: 12/22/2015Listen to today’s show by clicking here.
Investor's Edge: 12/22/2015
Investor's Edge: 12/22/2015
The Closing Look
Stock Market Commentary: Stocks ended higher on Tuesday after the government said Q3 GDP rose by 2%, topping estimates for 1.9%. In other economic news, the National Association of Realtors said existing home sales plunged -10.5% in November to an annualized rate of 4.760 million. This greatly missed the Street’s estimate for 5.32 million. Elsewhere, energy…
The Morning Look
Stock Market Overview: As of this writing (7:45 am)U.S. stock futures are up nominally as investors await the final reading on Q3 GDP which is expected to increase by 1.9% (released at 8:30 am). Nike (NKE) will report earnings after the bell. Otherwise, the economic calendar remains relatively light during this shortened holiday week. In observance of the Christmas…
New Year to Bring New Car Tech @FoxBusiness
http://www.foxbusiness.com/technology/2015/12/21/new-year-to-bring-new-car-tech/?intcmp=marketfeatures
U.S. Senator Lindsey Graham dropped out of the Republican presidential race on Monday @FoxBusiness
http://www.foxbusiness.com/business-leaders/2015/12/21/republican-lindsey-graham-says-quitting-race-for-white-house/?intcmp=bigtopmarketfeaturesside
NHTSA Fines BMW $40M for Series of Violations @FoxBusiness
http://www.foxbusiness.com/industries/2015/12/21/nhtsa-fines-bmw-40-million-for-series-violations/?intcmp=bigtopmarketfeaturesside