Stock Market Update
18-Aug-26 08:40 ET
Housing starts, building permits, and import/export prices
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -36.00. Nasdaq futures vs fair value: -360.00.
The S&P 500 futures currently trade 36 points below fair value.
Just released, housing starts decreased 12.4% month-over-month in July to a seasonally adjusted annual rate of 1.239 million units (Briefing.com consensus: 1.360 million).
Building permits—a leading indicator—increased 5.0% month-over-month to a seasonally adjusted annual rate of 1.443 million (Briefing.com consensus: 1.390 million).
Import prices decreased 0.4% in July following a downwardly revised 0.3% decrease in June (from 0.3%).
Excluding oil, import prices decreased 0.4% after a downwardly revised 0.1% increase (from 0.4%) in June.
Export prices decreased 1.3% in July on the heels of a 0.7% decrease (from -0.6%) in June.
Excluding agriculture, export prices decreased 1.5%, after falling 0.7% in June.
