Kingsbarn Capital & Development
Managed-Direct Ownership
REAL ESTATE NEWS
WEEK AHEAD
Nasdaq, S&P 500 Move Higher Even as Growth Worries Linger
U.S. stocks climbed mostly upward Monday morning. It marked a sharp turnaround from last week’s dismal performance, when concerns about the world economy pushed all manner of financial markets into disarray. The major indexes opened lower, but things began looking up by midmorning. The S&P 500 was trading up 0.2% and the Nasdaq Composite rose 0.8%. The Dow Jones Industrial Average, which closed Friday at its lowest level of 2022, flitted between small gains and losses.

DATA DECK FOR Sep 26 - Sep 30
DATE REPORT IMPACT FORECAST PREVIOUS
Sep 27 Core Durable Goods Orders m/m Medium 0.3% 0.3%
Sep 27 Durable Goods Orders m/m Medium 0.1% 0.0%
Sep 27 S&P/CS Composite-20 HPI y/y Low 17.1% 18.6%
Sep 27 HPI m/m Low 0.0% 0.1%
Sep 27 Richmond Manufacturing Index Medium -10 -8
Sep 27 CB Consumer Confidence High 104.0 103.2
Sep 27 New Home Sales Medium 500K 511K
Sep 28 Prelim Wholesale Inventories m/m Low 0.4% 0.8%
Sep 28 Goods Trade Balance Low -88.9B -89.1B
Sep 28 Pending Home Sales m/m Medium -0.9% -1.0%
Sep 28 Crude Oil Inventories Low 1.1M
Sep 29 Unemployment Claims Medium 215K 213K
Sep 29 Final GDP q/q Medium -0.6% -0.6%
Sep 29 Final GDP Price Index q/q Low 8.9% 8.9%
Sep 29 Natural Gas Storage Low 103B
Sep 30 Core PCE Price Index m/m High 0.5% 0.1%
Sep 30 Personal Spending m/m Low 0.2% 0.1%
Sep 30 Personal Income m/m Low 0.3% 0.2%
Sep 30 Chicago PMI Low 51.6 52.2
Sep 30 Revised UoM Consumer Sentiment Medium 59.5 59.5
Sep 30 Revised UoM Inflation Expectations Low 4.6%