US housing starts grow more than expected in June

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Source: WBP Online
On a month-on-month seasonally-adjusted basis, US housing starts rose 4.8% to 1.189 million in June, compared to analysts' expectations of an increase to 1.1150 million. In addition, building permits grew 1.5% to 1.153 million in the same period, whereas market analysts anticipated a rise to 1.165 million, the US Census Bureau said on Tuesday.


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Tue, 19 Jul 2016 13:43:09 GMT

US stocks open in red on Tuesday

Wall Street opened slightly lower on Tuesday, ignoring housing data released earlier today. At the session start, the S&P 500 Index dropped 0.27% to 2,161.00, whereas the Dow Jones Industrial Average Index lost 0.08% to open at 18,517.90, and the Nasdaq Composite Index declined 0.26% to start at 5,042.90 points.

Tue, 19 Jul 2016 12:38:24 GMT

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