Four-Week Average Trends Lower The four-week moving average of initial claims, which smooths out weekly fluctuations, fell by 3,500 to 227,500. This downward trend further supports the notion of a…
Tag: trading the news
Crude Inventories Increase By 0.8 Million Barrels
Gasoline inventories increased by 2.3 million barrels, exceeding analyst expectations….Read More
Five Things to Know in Crypto This Week: BTC Strikes $60,000 on Demand Surge
Rising bets on a 50-bps Fed rate cut fuel crypto demand, sending market up 8.62% as BTC hits $60,381….Read More
US Housing Starts Surge 9.6% in August as Lower Mortgage Rates Boost Builder Stocks
Daily iShares US Home Construction ETFAnticipation of a recovery in the housing market has fueled investor interest in US homebuilders. The iShares US Home Construction ETF has risen by 20%…