Reported 6 months ago
US stocks, including S&P 500 and Nasdaq, fell on concerns about potential US export curbs on China and Donald Trump's comments on Taiwan, affecting tech-heavy Nasdaq the most. Tech giants like Nvidia and ASML were particularly impacted. Meanwhile, home construction saw a 3% rise in June, mostly due to multifamily projects, although single-family permits and starts dropped, indicating hesitancy in starting new projects amidst high supply levels. Homebuilder stocks like D.R. Horton, Lennar, and Toll Brothers also slipped in response to the data.
Source: YAHOO