US NAHB Housing Market Index (Apr) 34 vs. Exp. 38 (Prev. 38, Low. 36, High. 38)
The NAHB Housing Market Index for April came in at 34, missing expectations of 38 and unchanged from the previous month.
Bank of America (BAC) Master Trust Net charge offs 2.40% (prev. 2.24% M/M), total delinquencies 1.38% (prev. 1.43% M/M)
Israeli Security Council to discuss possible Lebanon ceasefire at 8pm local (18:00 BST), according to an Israeli official
US NAHB Housing Market Index (Apr) 34 vs. Exp. 38 (Prev. 38, Low. 36, High. 38)
A second round of talks between the US and Iran is likely to be held in Islamabad next week, Al Jazeera reports citing Pakistan channel Geo from sources
NEC Director Hassett says they believe a spike in oil prices will be quite temporary
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This drop indicates weaker sentiment among builders, signaling potential cooling in the housing market which may have implications for both growth and inflation dynamics, potentially influencing the Fed's policy outlook.
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