Stocks Rise as Earnings Outweigh Inflation Fears: Markets Wrap
Yahoo Finance – 10/21/2021
U.S. stocks inched toward a record, while investors digested a spate of corporate results amid rising expectations for inflation.
Sales of existing homes rose in September, likely due to a brief decline in mortgage rates
CNBC – 10/21/2021
Sales of previously owned homes increased 7% to a seasonally adjusted annualized rate of 6.29 million units in September.
Fed Says Economic Growth Modest To Moderate, Supply Constrained
CNN Business – 10/21/2021
The economy continues to grow, though Covid-19 concerns remain.
INDUSTRY NEWS
Distressed Sales Represent Less Than 1% of the Market
DS News – 10/21/2021
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors.
Distributed by Carrington Communications.
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