Builders started 1.269 million new home-construction projects during May, the Census Bureau says, down from the prior month's 1.29 million. But the figure for housing starts still exceeded Wall Street expectations for 1.245 million new projects in May.
DowDuPont is doing everything it can to raise the stock's value. What it needs is for demand to pick up again.
Arconic's board approves another $500 million to its existing $1 billion share-buyback plan.
Let's go through the bearish signals one by one.
A report due Friday from the Labor Department is expected to show that U.S. employers added 181,000 jobs in April, though some economists say the growth may have been even stronger. The cost is annual federal budget deficits estimated at more than $1 trillion.
President Donald Trump's administration predicted 3% annual economic growth when he pushed for the $1.5 trillion of tax cuts in late 2017. Despite recent bouts of pessimism and market gloom, the president's economy is holding its own.
Plus, TheStreet's sister site, RealMoney, called the Chevron-Anadarko deal. See which oil companies could get a bid next.
After cooling on the sector last year, speculators socked almost $15 billion into commodities funds in the first quarter, according to a recent report.
The semiconductor sector surge could send some standby industrial stocks higher with it.
On April 2nd, 2019 Dow Inc. spun off of DowDuPont and replaced it in the Dow Jones Industrial Average. ActionAlertsPLUS Senior Portfolio Analyst Jeff Marks explains what it means for investors.
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