From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 12/29/2025
U.S. stocks are lower to kick off the last week of 2025. All three major averages are down at least 0.35% in early trading. All three major averages were higher last week, with the S&P 500 setting another record intraday high on Friday.
Looking at economic data today, pending home sales increased 3.3% in November, above expectations of 1.0%. The index reached its highest level since February 2023. Pending sales were up 2.4% the previous month.
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