USA Markit Manufacturing PMI for Mar 58.500 vs 55.800 Est; Prior 57.300
USA Markit Manufacturing PMI for Mar 58.500 vs 55.800 consensus estimate. The prior reading was 57.300.
DraftKings, FanDuel Distancing Themselves From The Competition In Online Sports Betting
Online gaming stocks have taken a big hit in recent months, but Bank of America analyst Shaun Kelley said Monday that U.S. digital gross gaming revenue (GGR) was up 58% in the month of February.
USA Existing Home Sales (MoM) for Feb (7.200)% vs (1.000) Est; Prior 6.700%
USA Existing Home Sales (MoM) for Feb (7.200)% vs (1.000) consensus estimate. The prior reading was 6.700%.
Federal Reserve Raises Interest Rates For First Time Since 2018, Projects 5 More Hikes In 2022
The Federal Reserve raised its target fed funds rate by 0.25% on Wednesday to a new range of between 0.25% and 0.5%, its first interest rate hike since 2018.
USA Import Prices (MoM) for Feb 1.400% vs 1.500% Est; Prior (0.200)%
USA Import Prices (MoM) for Feb 1.400% vs 1.500% consensus estimate. The prior reading was (0.200)%.
USA PPI (YoY) for Feb 10.000% vs 10.000% Est; Prior 9.700%
USA PPI (YoY) for Feb 10.000% vs 10.000% consensus estimate. The prior reading was 9.700%.
Housing Beat: Why Are Foreclosure Filings Up 129% From Last Year?
The latest data from the housing market shows a new spike in foreclosure filings, a new wave of lender uneasiness, a new record in luxury homes and a new uptick in mortgage rates.