Strong housing market data for February including surge in housing starts and positive import/export figures.

From Nasdaq: 2025-03-18 10:43:00

Pre-market indexes are slightly down after two consecutive trading sessions of gains. The Dow, S&P 500, Nasdaq, and Russell 2000 are all showing losses at this hour. Google’s parent company, Alphabet, has acquired cloud security platform Wiz for $32 billion in cash, potentially leading to more corporate buyouts in the future.

Federal Trade Commissioner Lina Khan’s return to academia may open the door for more corporate acquisitions following her anti-monopoly stance. Housing Starts surged 11.2% in February, reaching 1.50 million units, while Building Permits slightly exceeded expectations. Import and Export figures also performed better than expected, with positive gains in both categories.

NVIDIA CEO Jensen Huang will deliver a keynote address at the GPU Technology Conference, aiming to set new expectations for AI development. NVIDIA shares have seen an 11% decline year-to-date. Additionally, Zacks Investment Research has identified 5 stocks set to potentially double in value, offering an opportunity for investors to capitalize on undervalued assets.



Read more at Nasdaq: Strong Housing Market Data for February