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Tariffs Hurt Retail Sales & Existing Home Sales Miss Estimates –

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Retail sales also grew by a healthy 0.5 percent. The first-quarter earnings growth estimate for the S&P 500 fell from 2.9. Further, lower mortgage rates made buying a house more affordable, leading to increases in new and existing home sales. These lackluster results were driven by rising rates, which negatively affect.

Key American industries, including apparel, technology and manufacturing, could emerge as the biggest losers from new tariffs on Chinese goods, according to Wells Fargo. In a research note this week, the bank cited leather, computers, machinery and textile as among the most vulnerable as the U.S.

Estimates of the direct impact on the United States are modest but. The continued steady (if modest) growth in house prices has helped, too, since houses are most. might affect consumer choices when it comes to spending decisions, White house trade adviser peter navarro argues that the tariffs are .

"We strongly urge the administration to abandon its plans for tariffs on another $200 billion in Chinese imports, which would destroy thousands of American jobs and raise prices on virtually everything sold in our stores.

CFRA said Thursday it is sticking with its hold rating on Dillard’s Inc. stock DDS, +4.25% after the company missed profit estimates for its fiscal third quarter by a wide margin. The miss.

 · The median home sale in San Diego in January was $529,000, according to CoreLogic, a data provider Average city prices have risen 71 per cent.

3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.

It’s one thing to miss estimates on sales in a given. Another angle on the recent retail earnings picture is housing. Both LOW and Home Depot Inc (NYSE: HD) disappointed, and existing home sales.

That means that 15% to 20% of their sales could be affected, according to his estimates. home depot disputes that number – a spokesperson for the company said that the tariffs would impact 3.5%.

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