Existing home sales for January fell 5.3% month-over-month to a rate of 4.49 million units on an annualized basis, versus the expectation of a rise of 1.1% by economists. Year-over-year sales fell 8.6%.
The Dow Jones Industrial Average fell 80 points (1.1%) to close at 7,271, the S&P 500 Index lost 8 points (1.1%) to 765, and the Nasdaq Composite decreased 16 points (1.1%) to 1,425. Crude oil rose $2.54 to $42.50 per barrel, and gold fell $12.60 to $950.08 per ounce.
Magnificent Seven Update
Daily Update Of Open Positions...Stocks & ETFs
