US New Home Sales (Sep) 0.738M vs. Exp. 0.72M (Prev. 0.8M )
The latest US new home sales figures for September came in at 0.738 million, slightly exceeding expectations of 0.72 million but down from the previous tally of 0.8 million.
US EQUITY OPEN: Stocks mixed at the open after soft core CPI; JPM lags after earnings miss, JETS down on DAL guidance miss
Fed's Musalem (2028 voter) says he expects the economy to grow at or above potential in 2026
US New Home Sales (Sep) 0.738M vs. Exp. 0.72M (Prev. 0.8M )
US FDA found no increased risk of suicidal behaviour or ideation linked to GLP-1s (LLY, NOVOB DC), according to Bloomberg; has asked companies to remove warnings about potential risk from the medicines' labels
Russia's Foreign Minister says they condemn subversive and external interference in the internal political process of Iran
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This mixed outcome suggests a potential cooling in the housing market, which could prompt discussions about the broader economic outlook and influence monetary policy considerations moving forward.
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