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Kingsbarn Capital & Development
Managed-Direct Ownership
REAL ESTATE NEWS
WEEK AHEAD
Dow down nearly 500 points as stock indexes fall sharply
All three major U.S. stock benchmarks were trading sharply down Tuesday afternoon, with losses led by the technology-laden Nasdaq Composite index, as the high-growth tech sector fell under pressure from climbing Treasury yields and investors began digesting a busy week for company earnings. Stocks were trading sharply lower as Treasury yields rose in anticipation of the Federal Reserve tightening monetary policy this year.

DATA DECK FOR Jan 17 - Jan 21
DATE REPORT IMPACT FORECAST PREVIOUS
Jan 17 Bank Holiday Holiday
Jan 18 Empire State Manufacturing Index Medium 25.0 31.9
Jan 18 NAHB Housing Market Index Low 84 84
Jan 18 TIC Long-Term Purchases Low 37.6B 7.1B
Jan 19 Building Permits Low 1.71M 1.71M
Jan 19 Housing Starts Low 1.65M 1.68M
Jan 20 Philly Fed Manufacturing Index Medium 19.9 15.4
Jan 20 Unemployment Claims Medium 221K 230K
Jan 20 Existing Home Sales Medium 6.42M 6.46M
Jan 20 Natural Gas Storage Low -179B
Jan 20 Crude Oil Inventories Medium -4.6M
Jan 21 CB Leading Index m/m Low 0.8% 1.1%