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NAHB Hits Three-Year Low

Charlie Toole, vice president at Adviser Investments, has the market analysis for Monday, December 17. Despite minimal movement early in the day, all major U.S. stock indexes once again declined. The Dow Jones Industrial Average and the S&P 500 fell 2.1% and the NASDAQ dropped 2.3%. Meanwhile, the National Association of Home Builders/Wells Fargo Housing Market Index released December data, down from 60 to 56, following the eight-point decrease from October to November. That index is currently at its lowest since 2015 because of elevated borrowing expenses and home prices. The New York Fed also released manufacturing data: December’s Empire State manufacturing index declined more than 50% to hit its weakest level since May 2017.

 

ECB Terminates Bond-Purchase Program

GE Surges 7% After Rating Hike

Consumer Prices Unchanged

Small Business Optimism Index Declines 2.5%

Recent Articles

The following is a collection of articles that Adviser Investments employees have contributed to.

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Interview: Sizing Up Fidelity and Vanguard Managers

Read on Barron’s open_in_new

Vanguard Folding $15B Growth Fund Into Sister Strategy

Read on Ignites open_in_new

Vanguard combines two strong funds creating a $25 billion large-cap growth portfolio

Read on Investment News open_in_new

Vanguard merges growth funds and drops subadvisors on three products

Read on Citywire open_in_new

Vanguard merges $15bn fund, drops William Blair in major shake-up

Read on Fund Intelligence open_in_new

Vanguard merges 2 funds, changes portfolio management for 3 others

Read on Philadelphia Business Journal open_in_new

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