New home sales fell 7.6% month-over-month in December, the lowest level in eight months—to an annual rate of 342,000 units, compared to the expectation that sales would increase 3.0%. More from Bloomberg...
The Federal Open Market Committee (FOMC) concluded their two-day monetary policy meeting and as expected, the Committee kept the fed funds target rate unchanged at a level between 0 to 0.25%. Details from Bloomberg...
The Dow Jones Industrial Average rose 42 points (0.4%) to close at 10,236, the S&P 500 Index gained 5 points (0.5%) to 1,098, and the Nasdaq Composite increased 18 points (0.8%) to 2,221. Crude oil was $1.06 lower at $73.65 per barrel, and the Bloomberg gold spot price fell $9.55 to $1,088.00 per ounce.
Magnificent Seven Update
Daily Update Of Open Positions...Stocks & ETFs
