From Nasdaq: 2025-01-17 10:50:00

Pre-market futures are up following a relief rally on softer CPI numbers. Dow climbs positively over the past month, with all major indexes in the green year-to-date. Treasury bond yields have come down, reflecting a potential interest rate move from the Fed in the first half of the year.

Housing Starts in December show strong performance at 1.499 million units, beating expectations. Single-family starts grew by +2%, while Multi-family surged by +59%. Building Permits for December are higher than expected at 1.483 million units, hinting at a positive trend for the housing market.

Markets closed Monday for Dr. Martin Luther King, Jr.’s birthday. Earnings from Netflix are expected Tuesday, with other reports on Existing Home Sales and Consumer Sentiment. Big Q4 earnings from Apple, Microsoft, and Tesla are coming the following week, making for a relatively quiet week ahead.



Read more at Nasdaq: Strong Housing Market Data for December