US home sales surge to 5.39 million in July
U S home sales rose to a 5.39 million annual pace in July, the highest since 2009, with a 6.5 percent monthly jump. The report notes a still tight supply, steady hiring, and lower distressed sales, while first time buyers lag and mortgage rates near 4.4 percent.
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Washington
U.S
National Association of Realtors
Federal Reserve
Sal Guatieri
BMO Capital Markets
San Diego
Oil declines as Fed taper hints loom and supply falls reported
Oil slipped on Wednesday as traders awaited Fed bond-buying plans while the Energy Department showed weekly declines in crude and gasoline stocks. October crude fell to 104.55 a barrel, with Brent at 110.11, as investors weigh taper timing and economic improvement.
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New York
U.S. Federal Reserve
Energy Department
New York Mercantile Exchange
Fed
U.S
Bloomberg tightens access to client terminal data after review
Bloomberg LP has adopted new policies to bar journalists from viewing subscriber login data on trading terminals after a Hogan Lovells Promontory review. The audit examined 500,000 stories, 425 interviews, and 230,000 tests, finding limited misuse and confirming updated controls now in place.
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New York
Bloomberg LP
Wall Street
Bloomberg
Hogan Lovells
Promontory Financial Group
Daniel Doctoroff
Bloomberg Television
Goldman Sachs
Bloomberg News
Market Summary Highlights Market Moves
A compact market update notes trading activity and notable shifts. Stocks show mixed momentum as investors weigh economic signals, with gains in select tech and energy names while financials pull back amid policy chatter.
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