Tag: US Economy

0

  • Dow off to worse start since 1991

    The Dow is off to its worst start since 1991

    The Dow is off to its worst start in a quarter century. As China’s stock market crashed by 7% overnight and trading was halted, the Dow plunged by 320 points on Thursday before cutting its losses. The Dow is currently down about 150 points while the S&P 500 and Nasdaq are both down about 1%. […]

  • US Home Sales

    US pending home sales fell in November

    Contracts to buy previously owned U.S. homes declined in November for the third time in four months, according to the National Association of Realtors (NAR). The NAR’s pending home sales index slipped 0.9% to 106.9. The NAR said the index rose slightly more in October than initially estimated. Economists predicted a 0.5% increase in November. Pending […]

  • Crude Oil Prices Rising

    Oil Prices Are Rising On US Market Data

    Crude oil prices in the US neared $50 per barrel on Wednesday after new data showed the U.S. market was starting to tighten with falling supply and lower inventories following two years of heavy surplus. U.S. crude stocks decreased by 1.2 million barrels last week while distillate stockpiles also fell according to data from the […]