REAL ESTATE NEWS
COMPANY NEWS
WEEK AHEAD
U.S. stocks struggle for direction after strong durables data
U.S. stocks struggled for direction Monday, trading near unchanged, as investors weigh stronger-than-expected data on durable-goods orders after equities bounced last week on expectations a slowing economy could limit the magnitude of Federal Reserve rate increases. Last week, the S&P 500 jumped 6% to snap a three-week losing run. The Dow Jones Industrial Average rose 5%, and the tech-heavy Nasdaq Composite gained 7%.
DATA DECK FOR Jun 27 - Jul 1
| DATE | REPORT | IMPACT | FORECAST | PREVIOUS |
| Jun 27 | Core Durable Goods Orders m/m | Medium | 0.4% | 0.3% |
| Jun 27 | Durable Goods Orders m/m | Medium | 0.1% | 0.4% |
| Jun 27 | Pending Home Sales m/m | Medium | -3.5% | -3.9% |
| Jun 28 | Prelim Wholesale Inventories m/m | Low | 2.3% | 2.1% |
| Jun 28 | Goods Trade Balance | Low | -101.7B | -105.9B |
| Jun 28 | S&P/CS Composite-20 HPI y/y | Low | 21.2% | 21.2% |
| Jun 28 | HPI m/m | Low | 1.0% | 1.5% |
| Jun 28 | Richmond Manufacturing Index | Medium | -11 | -9 |
| Jun 28 | CB Consumer Confidence | High | 100.0 | 106.4 |
| Jun 28 | Crude Oil Inventories | Low | -1.6M | 2.0M |
| Jun 29 | Final GDP q/q | Medium | -1.4% | -1.5% |
| Jun 29 | Final GDP Price Index q/q | Low | 8.1% | 8.1% |
| Jun 30 | Core PCE Price Index m/m | High | 0.3% | |
| Jun 30 | Personal Income m/m | Low | 0.4% | |
| Jun 30 | Personal Spending m/m | Low | 0.9% | |
| Jun 30 | Chicago PMI | Low | 60.3 | |
| Jul 1 | ISM Manufacturing PMI | High | 56.1 | |
| Jul 1 | ISM Manufacturing Prices | Low | 82.2 | |
| Jul 1 | Construction Spending m/m | Low | 0.2% | |
| Jul 1 | Wards Total Vehicle Sales | Low | 12.7M |