🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📉 Consumer Confidence Hits Four-Year Low: The Conference Board reported that the Consumer Confidence Index fell to 92.9 in March, marking the fourth consecutive monthly decline and reaching its lowest level since January 2021. Rising concerns over tariffs and inflation are major contributors to this decline.
🇺🇸🏠 New Home Sales Rebound: New home sales increased by 1.8% in February to a seasonally adjusted annual rate of 676,000 units, slightly below the forecasted 679,000. The median sales price decreased by 1.5% to $414,500 from a year earlier, indicating potential affordability improvements in the housing market.
📊 Key Data Releases 📊
📅 Wednesday, March 26:
🛠️ Durable Goods Orders (8:30 AM ET):
Forecast: -1.0%
Previous: 3.2%
Reflects new orders placed with domestic manufacturers for long-lasting goods, indicating manufacturing activity.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
🌍 Market-Moving News 🌍:
🇺🇸📉 Consumer Confidence Hits Four-Year Low: The Conference Board reported that the Consumer Confidence Index fell to 92.9 in March, marking the fourth consecutive monthly decline and reaching its lowest level since January 2021. Rising concerns over tariffs and inflation are major contributors to this decline.
🇺🇸🏠 New Home Sales Rebound: New home sales increased by 1.8% in February to a seasonally adjusted annual rate of 676,000 units, slightly below the forecasted 679,000. The median sales price decreased by 1.5% to $414,500 from a year earlier, indicating potential affordability improvements in the housing market.
📊 Key Data Releases 📊
📅 Wednesday, March 26:
🛠️ Durable Goods Orders (8:30 AM ET):
Forecast: -1.0%
Previous: 3.2%
Reflects new orders placed with domestic manufacturers for long-lasting goods, indicating manufacturing activity.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
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