From Zacks Investment Research: 2025-02-18 19:48:10

Market indexes closed higher today, with the Dow up 10 points, S&P 500 and Nasdaq up 14 points each, and Russell 2000 up 10 points. However, homebuilder confidence dropped to 42, lower than the expected 46, due to policy uncertainties and cost factors. Tomorrow, January Housing Starts and Building Permits are expected to show a decrease from the previous month. Toll Brothers missed expectations in its fiscal Q1 report, with earnings of $1.75 per share and revenues of $1.89 billion. Cadence Design Systems beat expectations in Q4 with earnings of $1.88 per share but shares are down -5% in late trading.



Read more at Zacks Investment Research: Housing Data Softens; Markets Eke Out Gains – February 18, 2025