Stock Market Update
17-Jul-26 08:39 ET
Housing starts and building permits
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -80.00. Nasdaq futures vs fair value: -562.00.
The S&P 500 futures currently trade 80 points below fair value.
Housing starts increased 19% month-over-month in June to a seasonally adjusted annual rate of 1.427 million units (Briefing.com consensus: 1.328 million).
Building permits were down 3.0% month-over-month to a seasonally adjusted annual rate of 1.367 million (Briefing.com consensus: 1.403 million).
Import prices increased 0.3% in June following a downwardly revised 1.7% prior increase (from 1.9%).
Excluding oil, import prices increased 0.4%, from a downwardly revised prior increase of 0.7% (from 0.8%).
Export Prices decreased 0.6% in June, from a downwardly revised prior increase of 1.2% (from 1.3%).
Excluding agriculture, export prices decreased 0.7%, from a prior increase of 1.2%.
