ZACKS·2025-12-17 00:41Market Overview - Markets were mixed, with the Nasdaq rising by +0.23% due to positive news from Tesla, while the Dow, S&P 500, and Russell 2000 declined by -0.62%, -0.24%, and -0.45% respectively [1] - The U.S. jobs report showed a net gain of +64K jobs in November, recovering from an October loss of -105K jobs, contributing to concerns about economic stability [2] Retail Sales and Economic Indicators - Retail Sales for October remained unchanged at 0.0%, missing expectations of a +0.1% increase, while ex-auto sales rose by +0.4% [3][4] - The S&P flash Services PMI for December was reported at 52.9, down from 54.1, and Manufacturing PMI dropped to 51.8 from 52.2, but both remain above the growth threshold of 50 [5] Oil Market Dynamics - Global crude oil prices are nearing five-year lows, with West Texas crude trading at $55 per barrel, marking ten consecutive days below $60, which may help keep inflation low but negatively impacts companies like Phillips 66, which saw a nearly -7% drop [6] Company Performance: Lennar Home - Lennar Home reported Q4 earnings, missing bottom-line expectations due to a one-time charge of $156 million, with earnings of $1.93 per share and revenues of $9.37 billion, surpassing the consensus of $9.13 billion [7] - New orders for Lennar Home decreased by +18% year-over-year, indicating challenges in the overall market, with expectations for new deliveries falling below analyst estimates [8][9]