Market Overview - Major stock indices are experiencing a decline, with the Dow down approximately 290 points, the S&P 500 down about 0.7%, and the Nasdaq down around 0.6% [2][3] - The current market selloff is described as moderate, with the VIX index rising, indicating increased volatility [4][5] Bond Market - The 10-year Treasury yield has dipped below 4%, marking a significant level not seen since April, with a current yield of 3.98% [5][6] - The bond market is reacting to concerns about regional banks and potential credit issues, leading to a flight to quality among investors [24][25] Regional Banks - Two regional banks, Zion and Western Alliance, are facing significant stock declines of 13% and 10% respectively due to credit scares [7][8] - The financial sector is leading the market decline, down approximately 2.7%, with concerns about credit quality affecting investor sentiment [9][10] Federal Reserve Insights - Federal Reserve Governor Chris Waller supports a 25 basis point rate cut at the end of the month but advocates for a cautious approach thereafter [12][14] - Waller highlights conflicting economic data, with weaker job data contrasted against strong GDP growth, complicating the Fed's decision-making process [13][16] U.S. Deficit and Tariffs - The U.S. deficit for fiscal 2024 fell to nearly $1.8 trillion, a 2% decrease from the previous year, attributed to a 6% increase in receipts and a 142% rise in customs revenue from tariffs [19][20] - Tariffs collected reached nearly $200 billion for the fiscal year ending September 30, 2025, significantly impacting the deficit [19] Housing Market - Builder sentiment has improved, with future sales expectations rising above 50, driven by lower mortgage rates [34][36] - Despite optimism, challenges remain in the housing market, including high mortgage rates and regulatory burdens affecting supply [42][46] Oil and Gas Prices - Oil prices are on a downward trend, with WTI down over 20% year-to-date, influenced by increased supply from OPEC and geopolitical factors [70][71] - Gas prices are also declining, with expectations that they may remain low through the winter season [74][75] Technology Sector - Microsoft is integrating AI technology into its Windows and Xbox platforms, enhancing user interaction and functionality [52][58] - Oracle is showing promising margins in its AI infrastructure projects, potentially strengthening its position against major competitors [80][81] Cryptocurrency Market - Bitcoin has faced downward pressure, with significant liquidations impacting market conditions, but historically, October has been a strong month for Bitcoin [109][110] - Digital asset treasury companies are gaining traction, with institutional adoption increasing and companies like MicroStrategy leading the way in Bitcoin holdings [92][93]

The Loughton, a new gated condominium community with master-plan amenities, offers upscale living in the heart of SummerlinLAS VEGAS, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, The Loughton, is coming soon to Las Vegas, Nevada. This exclusive, gated Toll Brothers neighborhood within the Summerlin master plan will include a variety of two-story condominium home designs with an array of onsite amenities. ...

The NAHB index is doing double duty this month, serving as a stand-in for missing housing starts data. (Photo by Justin Sullivan/Getty Images)Getty ImagesThe National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose five points in October to 37, its highest level since April and the biggest month-over-month improvement since January 2024. The index, based on a monthly survey of single-family builders, measures confidence in current and expected sales conditions on a scale of 0 to 10 ...

Exclusive community offers access to brand-new amenity center and option for four-car garageNAPLES, Fla., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced new home sites are now available for sale at its Seven Shores - Port Collection community in desirable Naples, Florida. The Port Collection features the largest home sites and floor plans within the Seven Shores master-planned community, and is now offering a new option for a f ...

Rate Sheet, AI, Verification, Servicing, Flood Tools; Primer on What Builders Can and Can't Do “I was gambling in Las Vegas; I took a little risk. Send lawyers, guns, and money, Dad, get me out of this!” Hopefully, no one heading to LV tomorrow or this weekend runs into that kind of trouble. Did you know… The difference between an American roulette wheel and a European wheel? The American version has “00.” Fans of Lucifer, and numerology, know that, for both, the numbers add up to 666! Homeowners in Las Ve ...

First though, some breaking housing data this morning. For that, we'll turn to Dom Chu. Morning, Dom. >> Morning, Carl. Good morning, Sarah.So, builder sentiment in the single family housing market rose five points to the level of 37 in October. That's the NAHB housing market index. The street was looking for just a one point gain there.Now, October's reading is the highest since April. The builders did site a slight drop in mortgage rates overall in early October and the actions by the Fed itself. NAHB cha ...

First though, some breaking housing data this morning. For that, we'll turn to Dom Chu. Morning, Dom. >> Morning, Carl. Good morning, Sarah.So, builder sentiment in the single family housing market rose five points to the level of 37 in October. That's the NAHB housing market index. The street was looking for just a one point gain there.Now, October's reading is the highest since April. The builders did site a slight drop in mortgage rates overall in early October and the actions by the Fed itself. NAHB cha ...

A worker on the roof of a new home under construction in Vacaville, California. Confidence among US homebuilders rose this month by the most since early 2024, boosted by lower mortgage rates that are chipping away at the nation’s affordability problem. Most Read from Bloomberg An index of market conditions from the National Association of Home Builders and Wells Fargo increased 5 points in October to 37, the highest since April. A value below 50 means more builders see conditions as poor than good. Econo ...

Confidence among US homebuilders rose this month by the most since early 2024, boosted by lower mortgage rates that are chipping away at the nation’s affordability problem https://t.co/V62HhpDxcU ...

ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI--D.R. Horton announced the dates that the Company will release financial results for its reporting periods in fiscal 2026. ...