U.S. stocks traded mostly lower this morning, with the Dow Jones index falling more than 250 points on Tuesday.The Dow traded down 0.52% to 48,164.83 while the NASDAQ fell 0.37% to 22,971.25. The S&P 500 also fell, dropping, 0.56% to 6,778.08.Check This Out: Jim Cramer: Sell This Major Energy Stock, Go With This Canadian Mining CompanyLeading and Lagging SectorsCommunication services shares rose by 0.2% on Tuesday.In trading on Tuesday, energy stocks fell by 2.3%.Top HeadlineThe S&P Global flash composite P ...

Lot of catch up on the data front today. Got some more right now with Rick Santelli. Hi again Rick. >> Hi Carl.Business inventories. [music] This September number expecting that number to increase by onetenth of a percent comes in up 210. Up 210.Now it's interesting. This is the third reading of up 2/10 in this data series. It equals where we were in June and Feb to find a higher number.You're going to January which was the high water mark of the year. Up 4/10. We do see rather sticky behavior on the long e ...

Business Inventories - Business inventories remained unchanged for the second consecutive month in May [1] - January, February, and March saw increases of 04% (four-tenths), 02% (two-tenths), and 01% (one-tenth) respectively, suggesting earlier inventory build-up [1] - The industry is closely monitoring inventory levels to determine if excess inventory exists and whether sales can reduce it [2] Homebuilder Sentiment - The National Association of Home Builders (NAHB) sentiment index rose one point to 38 in July [3] - An index value below 50 is considered negative, and the index has been negative for 15 consecutive months [3] - 38% of builders reported cutting prices in July, the highest share since NAHB began tracking this in 2022 [4] - Current sales conditions rose one point to 36, sales expectations for the next 6 months increased three points to 43, and buyer traffic dropped one point to 20, the lowest since the end of 2022 [4][5] - Regionally, builder sentiment was strongest in the Northeast (rose one point), flat in the Midwest, and weakest in the South and West [5] Factors Affecting Homebuilder Sentiment - The recently passed budget act, providing tax relief for households, homebuilders, and small businesses, contributed to a slight boost in sentiment [4] - Elevated interest rates continue to be a major headwind, impacting affordability [4]

Morning, Carl. April business inventories expected to be unchanged arrived exactly as expected, unchanged. And here's what's fascinating.If you look at January, up 4/10. You look at February, up 2/10. You look at last month, up one/10enth, now unchanged.And this is the first month of the second quarter. And we see that the inventory build is coming the other way because of pulling forward. So, it does make sense.And of course, this number at zero isn't going to really contribute much to GDP, although we hav ...