From the Desk

This daily newsletter conveniently delivers financial and economic commentary from around the globe, daily market rates and Bank announcements right to your inbox.

Recent Economic Commentary

Brandon Casey, Member Strategies  - 10/23/2025

U.S. stocks are mixed Thursday morning as investors continue to monitor corporate earnings. Both the S&P 500 and Nasdaq are positive, while the DJIA opened higher before turning negative. Stocks slid on Wednesday, with all three major averages falling at least 0.5%.

Looking at economic data today, existing home sales rose 1.5% to an annual rate of 4.06 million in September, matching expectations. Sales were up 4.1% over the last year. The median sales price of an existing home was $415,200, up 2.1% from a year ago. At the current sales rate, there is a 4.6-month supply of unsold inventory, no change from the previous month.

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