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Last Week on Wall Street

Last Week on Wall Street

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Last Week on Wall Street

Last Week on Wall Street

On a holiday-shortened week, economic data included U.S. Gross Domestic Product coming in unchanged from the initial estimate, higher home prices, but a drop in durable goods and new home sales, with some negative hurricane effects.

Last Week on Wall Street

Last Week on Wall Street

Last Week on Wall Street

Economic data for the week included both producer and consumer price indexes coming in lower, showing continued deceleration toward more normal levels. Retail sales and consumer sentiment improved, while industrial production and housing starts declined, with the latter likely driven by weather-related events.

Last Week on Wall Street

Economic data for the week included consumer price inflation coming in slower than expected, continuing a path of deceleration, while producer price inflation ticked up a bit from recent trend. Consumer sentiment continued to be negatively affected by higher price levels of the past several years.

Last Week on Wall Street

For the short holiday week, economic data included U.S. GDP growth being downgraded a few tenths, continued improvement in lower PCE inflation, higher home prices, and improved consumer sentiment.