U.S. EconomyIMPORTANTSeptember 17 at 08:30 AM

US Building Permits Prel (Aug) 1.394M vs. Exp. 1.41M (Prev. 1.433M)

StockNow breaking-news AI analysis

Preliminary US August building permits missed expectations at 1.394M amid elevated mortgage rates near 7%, three-year low pending home sales, and ongoing construction labor and material cost pressures.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

Geopolitics

A high-ranking source told Al Mayadeen that Saudi Arabia has asked the Sultanate of Oman to request a two-week truce from the Houthis, during which discussions will be held to address the humanitarian situation

Geopolitics

Political adviser to Iran’s Supreme Leader says the Strait of Hormuz will not be reopened until US President Trump and Israeli PM Netanyahu are “brought down from the seat of power”, Tasnim reports

U.S. Markets

Nvidia (NVDA) CEO Huang says AI safety is paramount; Nvidia (NVDA) to sell twice as many chips next year as this year

NVDA