US Building Permits MoM Prel (Sep) M/M -0.2% vs. Exp. 0.8% (Prev. -2.3%)
The US building permits report indicates a preliminary month-over-month decline of 0.2% for September, missing expectations of a 0.8% increase.
Daily US Equity Opening News - WBD could reopen talks with PSKY; GM discloses Q4 charges; META signs deal with VST
Mantoverde's union says miners at Chile's mine have rejected the latest wage offer
US Building Permits MoM Prel (Sep) M/M -0.2% vs. Exp. 0.8% (Prev. -2.3%)
US Interior Secretary says Venezuela will help lower gasoline prices in the US
US Energy Secretary Wright says so far oil companies have no asked the admin for money; on whether US will take stakes, no talk about that yet
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This miss, in the context of a prior drop of 2.3%, suggests ongoing weaknesses in the housing sector, which may influence market sentiment regarding economic growth and potentially affect future policy decisions on interest rates.
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