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U.S. Economy

US MBA Purchase Index (Aug/14) 154.8 (Prev. 157.9)

StockNow breaking-news AI analysis

US home purchase applications fell to 154.8 as mortgage rates remained stuck at 6.77%, further straining buyer affordability and builder sentiment amid persistent supply shortages.

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Geopolitics

Iranian Deputy Chairman of the Parliament's National Security Commission says "A 'new passage' in the Strait of Hormuz, other than the southern route, will soon be announced in the form of a joint statement with Oman"

Geopolitics

A source close to Iran's negotiating team rejected the White House's claim, saying there had been no direct Iran-US negotiations and that talks with Oman concerned sovereignty over the Strait of Hormuz, Fars News reports

U.S. Markets

Target (TGT) Q2 2026 (USD): Adj. EPS 4.11 (exp. 2.32), Revenue 26.5bln (exp. 26.12bln); lifts FY outlook to include tariff refunds, Adj. EPS 9.90-10.90 (prev. guided 7.50-8.50, exp. 8.52)

TGT