Stock Market Today

U.S. stocks tumbled last week, S & P500 index opened at 1122.79 points, the highest reached 1131.23 points, the lowest get 1067.89 points ,but closed at 1076.76 points finally, the whole week were down 40.75 points, 3.65% cumulative drop. Same period, the Dow Jones Industrial Average fell 2.94%, the Nasdaq composite index fell 3.74%, while [...]

Housing market hit: New home sales fell 32.7% in May to a seasonally-adjusted annual unit rate of 300,000, the lowest on record, from a revised 446,000 in April. The report from the Census Bureau was expected to show that sales fell to a 430,000 annual unit rate, according to a consensus of economists surveyed by [...]

U.S. second-hand housing sales data raised concern to the international pressure on the stock market, the Nikkei 225 index closed down 1.9% on June 23 , Dow Jones 600 Index lower for a second day. European stock markets lower Wednesday. New York oil prices closed down 1.9%, gold dropped 0.5% in revenue. The closing price [...]

Baltic Dry Index (BDI) under pressure recently, the decline has continued for 3 weeks, from late May peak of 4209 points down to June 18th of 2694 points, a drop of nearly 36%. Analysts pointed out that BDI short term trend is still downward, but with the ease fears caused by China real estate regulation [...]

Tuesday: The existing home sales index from the National Association of Realtors is due in the morning. The index is expected to have risen to a seasonally adjusted annual rate of 6.10 million units in May, up from a 5.77 million unit rate in April, according to a consensus of economists surveyed by Briefing.com. The [...]