NEW HOME SALES SURGE IN NORTHEAST IN JULY
U S commerce data show new home sales rose 5.4 percent in July to a 507000 seasonally adjusted annual rate, rebounding from June. Northeast gains led 21.2 percent improvement through six months in 2015, while Midwest lagged and other regions posted smaller rises as job growth and low mortgage rates supported demand.再
MENTIONED IN THIS ARTICLE
Northeast
Commerce Department
Midwest
Stock market pans to stem crisis with China aid
The piece outlines five steps to calm markets after a China driven selloff. Analysts push for a market halt, Fed rate pause, oil price stabilization, lower valuations, and stronger US data to restore confidence and prevent a deeper downturn.
MENTIONED IN THIS ARTICLE
China
Joe Quinlan
U.S. Trust
Quinlan
Sean Lynch
Wells Fargo Investment Institute
Lynch
Wall Street fears ease as traders wager on rebound
A market correction rattled investors with the Dow down over 200 points after a 442 point swing, but Wall Street pros expect a quick bounce. Analysts warn against a bear market, noting a four year stretch without a correction and arguing a reset could lower valuations and support a rebound. Analysts cite a 1900 S&P 500 target, a 16 PE multiple, and oil declines boosting consumer spending as factors mitigating downside.
MENTIONED IN THIS ARTICLE
Wall Street
China
Standard & Poor
USA Today
New York
Dow
Barry Bannister
Stifel
U.S
Nick Sargen
Fort Washington Investment Advisors
Big names may skip Fed summit in Jackson Hole
The Federal Reserve summit in Jackson Hole Wyoming opens this week with many top policymakers absent including Janet Yellen and Daniel Tarullo. Also not attending are Charles Evans and John Williams as concerns about a global slowdown and China’s devaluation heighten rate hike speculation ahead of September talks.
MENTIONED IN THIS ARTICLE
Federal Reserve
Jackson Hole
Wyo
U.S
Janet Yellen
U.S. Federal Reserve
Ously
Daniel Tarullo
Fed
Board of Governors
Yellen
Tarullo
Federal Open Market Committee
FOMC
Federal Reserve System
Charles Evans
Chicago Fed
John Williams
San Francisco
Richard Fisher
Dallas
USA Today
Atlanta Federal Reserve
Dennis Lockhart
China
Also Mentioned on This Page
Moneyline
Conference Board
Apple
USA
DOW Jones Industrial
Marketwatch.com
Eaton Vance
Sae Yang
Paul Trap
Bill Hornbarger
Moneta Group
Hornbarger
David Lafferty
Natixis Global Asset Management
Lafferty
Ann Miletti
Wells Fargo Asset Management
Shanghai Composite
Peer Nee Ey Ey
Europe
Pee Rian
PaCl Mena
Japan
Bloomberg
Jae Yang, Gec
Petras
Frank Pompa
Wall St