Toll Brothers Quarterly Earnings and Home Backlog Declined

The luxury home builder estimated weaker average home prices and fewer home sales in its fiscal year 2024 as buyers struggle with affordability and elevated mortgage rates.

TOL

Investors Look Ahead to Nonfarm Payrolls Report, Crude Oil Prices Dropped to 5-month Low

Treasury yields and crude oil prices declined after the latest jobs report showed a cooling trend. Crude oil prices fell to five-month lows. The U.S. trade gap widened slightly in October after exports fell and imports rose.

U.S. Stocks Lacked Direction with Focus on Labor Market

Stocks lacked direction in early trading, and investors focused on the latest updates on the job market and awaited the release of the nonfarm payrolls report.

U.S. Stocks Struggled after Job Openings Report and Ahead of Nonfarm Payrolls Update

Investors debated the health of the economy, job market, and rate path after job openings dropped to a 30-month low in October.

U.S. Indexes Slip Second Day as 5-week Strong Market Rally Paused

Market indexes paused for the second day in a row, and the yield on Treasury bonds drifted lower as investors debated the direction of interest rates over the next few months.

Stretched Valuation Worries Keep Stocks In Check, Factory Orders Sank In October

Benchmark indexes declined Monday after tech and high-growth stocks were under pressure following worries about stretched valuations. Factory orders declined in October after transportation orders plunged.

U.S. Averages Pause After Rallying Five Weeks, Alaska Air to Acquire Hawaii Airlines

Market indexes edged lower after strong gains in November, and investors reassessed the level and path of interest in the next few months. Cryptocurrency-linked stocks were in focus after bitcoin surpassed the $40,000 mark. Alaska Air's bid to acquire Hawaii Airlines is likely to face tough scrutiny from regulators.

S&P 500 and Nasdaq Composite Rally Five Consecutive Weeks

U.S. market averages are set to extend their rally to the fifth week in a row as interest rate optimism dominates market sentiment. Crude oil traded sideways after OPEC+ announced production cuts, and gold edged higher on the dollar's weakness.

Stocks and Precious Metals Surged In November, Crude Oil Eased

Stocks surged in November, and the U.S. benchmark indexes advanced between 8% and 11%. Crude oil prices fell 7%, and gold advanced 3% after interest rates neared peak rates and geopolitical tensions eased.

U.S. Market Indexes Approach 2023 Highs After Watered-down Measure of Inflation Cooled

Stocks are set to advance after the latest update on the alternative measure of inflation slowed in October. The S&P 500 index and the Nasdaq Composite are set to deliver the best monthly gains in 26 months.

Wall Street Stocks Retain Upward Bias, U.S. Economic Growth Revised Higher

Market indexes on Wall Street extended sizeable gains in November, and Treasury yields eased to two-month lows. GDP growth in the third quarter was revised higher, reflecting higher government spending and inventory investment.

Rate Optimism Drives U.S. Averages Higher for Fifth Consecutive Week

Market indexes advanced for the fifth week in a row and extended November gains as investors remained optimistic about the stable rate outlook.

GM FL

Rate Stability Hopes Support U.S. Market Indexes, Deadly Storm system Devastate Black Sea Region

Stock market indexes rested for the second day in a row this week after rallying for four weeks in a row. Crude oil prices jumped after storms in the Black Sea forced Kazakhstan to slash production at its three largest oil fields.

Market Indexes Flatline, E-commerce Stocks In Focus

Market indexes lacked direction for the second day in a row after advancing in previous four consecutive weeks. E-commerce-related stocks were in focus after a surge in online shopping during the Thanksgiving holiday.

U.S. Stocks Lacked Direction and Indexes Paused After 4-week Rally

Benchmark indexes struggled on Wall Street after advancing for four weeks in a row. Crude oil prices were in focus as OPEC+ struggled to agree on production levels for the next two months.