Real-Estate Advisory
Managed-Direct Ownership
Dow Up by Triple Digits as Financials Rally
The Dow rose by triple digits for a third session Monday as U.S. stocks posted a broad rally, with strong economic data appearing to overshadow worries about rising trade tensions. Among notable leaders were bank stocks, putting the financial sector in position for its biggest one-day advance in a month. With the move, the Dow turned positive for 2018, and is now up roughly 0.2% for the year. The blue-chip average is also set to end above its 50-day moving average for the first time in nearly three weeks, a positive sign for its short-term momentum trend.
DATA DECK FOR Jul 16 - Jul 20
Jul 16 Retail Sales Jun NA 0.8%
Jul 16 Retail Sales ex-auto Jun NA 0.9%
Jul 16 Empire Manufacturing Jul NA 25.0
Jul 16 Business Inventories May NA 0.3%
Jul 17 Industrial Production Jun NA -0.1%
Jul 17 Capacity Utilization Jun NA 77.9%
Jul 17 NAHB Housing Market Index Jul NA 68.0
Jul 17 Net Long-Term TIC Flows May NA $93.9B
Jul 18 MBA Mortgage Applications Index 07/14 NA NA
Jul 18 Housing Starts Jun NA 1350K
Jul 18 Building Permits Jun NA 1301K
Jul 18 Crude Inventories 07/14 NA NA
Jul 18 Beige Book Jun NA
Jul 19 Initial Claims 07/14 NA NA
Jul 19 Continuing Claims 07/07 NA NA
Jul 19 Philadelphia Fed Jul NA 19.9
Jul 19 Leading Indicators Jun NA 0.2%
Jul 19 Natural Gas Inventories 07/14 NA NA