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U.S. Economy

US New Home Sales MoM (Jun) M/M 1.6% (Prev. -7.3%)

StockNow breaking-news AI analysis

June New Home Sales rose 1.6% to 628k units, beating expectations despite a sharp May downward revision. Builders' aggressive price cuts are currently outperforming the sluggish existing home market.

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Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

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U.S. Economy

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