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Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data
Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …
Max Adams
Lumber prices have risen 50% since August, and 2 experts say the resurgence will continue through early 2022
While analysts are expecting to see an uptick in 2022, they don't expect the price of lumber to soa…
Isabelle Lee
Why lumber prices have already bottomed, but will see upside capped at 15% over the next 2 years, according to an investing chief
"We're out of the panic buying. We're out of the massive industry shortages. We're out of the extre…
Isabelle Lee
Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally as record-setting demand slows
Even if lumber prices normalize around $500, that's still well above the pre-pandemic average.
Ethan Wu
Lumber prices are falling - and that means there's no need to fret about inflation, top economist David Rosenberg suggests
"Inflation?" the veteran economist asked in a Monday tweet, adding that price pressures are maybe a…
Zahra Tayeb
49% of lumber dealers are now reporting excess stock as prices cool after a wild run
Before lumber's precipitous rise, supply conditions tended to be relatively stable.
Ethan Wu
Lumber prices are tanking as rising interest rates means more Americans are finding it harder to buy a home
Lumber prices are in freefall as more and more Americans are being priced out of the housing market…
Zahra Tayeb
Lumber prices will fall back to pre-pandemic levels within a year amid considerable volatility, investment chief says
Lumber prices will be volatile, but movements will vary by location in the US, according to Stuart …
Isabelle Lee
Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says
By end of August and into September, the price of lumber could settle in a range between $350-$450 …
Isabelle Lee
Lumber prices have bottomed out, but are likely to stay double the historical average for at least the next 5 years, trader says
Stinson Dean expects lumber to trade above $1000 for potentially the next three to five years. The …
Emily Graffeo
Lumber prices have rebounded sharply over the last 3 days after plummeting more than 50% from record highs
Commercial construction may be fueling demand this time around as the US economy makes its way to a…
Isabelle Lee
Lumber prices fall 22% in March as housing market cools on soaring mortgage rates
The average traditional 30-year fixed mortgage rate hit 4.72% on Tuesday, representing a big jump s…
Matthew Fox
3 reasons why lumber prices could stage a late summer rally, according to Bank of America
"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large mo…
Matthew Fox
Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year
The National Association of Realtors said it expects the median home price to increase 0.3% this ye…
Matthew Fox
Lumber falls to a new 2022 low after homebuilder sentiment drops for the 12th month in a row
"NAHB is expecting weaker housing conditions to persist in 2023 and we forecast a recovery coming i…
Matthew Fox
Commodities are in a 'sweet spot' and prices will keep thriving as the economy picks up, Goldman Sachs says
As the economy picks up, inflation rises and monetary policy remains loose, commodities will keep s…
Sophie Kiderlin
Lumber extends 2-day rally to 18% as the real estate market shows signs of sticking a soft landing, research firm says
"Even with a shrinking GDP, the American homeowner is in great shape. There is no panic selling," A…
Matthew Fox
US stocks fall to start the 3rd quarter as Fed forecast suggests a recession is already here
The Federal Reserve Bank of Atlanta lowered its GDPNow forecast for second-quarter GDP growth to ne…
Matthew Fox
Oil markets haven't yet priced in the rising risk of recession, which could lead to major declines if one transpires, JPMorgan says
"While we do not believe the risk of recession is priced in yet in the oil price, that risk is grow…
Carla Mozée
Morgan Stanley expects the stock market to plunge. Others aren't so sure.
Insider's Phil Rosen breaks down conflicting stock market outlooks from some of Wall Street's bigge…