Global Markets News: Sales Increase of Previously Owned Homes Amid Stable Stock Indices
Thursday, 22 August 2024, 08:15
Sales Increase in Previously Owned Homes
The latest global markets news indicates that sales of previously owned homes have experienced a significant rise of 1.3% from the previous month, effectively ending a four-month streak of declines.
Stock Indexes Steady Amid Market Anticipation
Concurrently, stock indexes were nearly flat as the markets digested the recent data and prepared for Powell's speech from Jackson, which is expected to have significant implications for market movements. Traders are closely monitoring both housing data and Federal Reserve comments to gauge the economic outlook.
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