Economic Collapse

[basserdan]

9:45a IHS Markit flash manufacturing PMI inches up to 56.6 in May from 56.5 in April

9:46a IHS Markit flash services PMI climbs to 55.7 in May from 54.6 in April


10:00a New-home sales at 662,000 seasonally adjusted annual rate in April, Commerce says

10:00a New-home sales median price in April was $312,400

10:00a Treasury yields hold decline after new home sales

10:01a 10-year yield at 3.025%; 2-year yield at 2.569%; 30-year yield at 3.177%

10:01a ICE U.S. Dollar Index up 0.4% at 92.991

10:03a U.S. stocks hold losses after new-homes sales


10:34a U.S. crude-oil inventories climb by 5.8 million barrels last week: EIA

10:34a U.S. gasoline supplies up 1.9 million barrels: EIA

10:34a U.S. distillate stockpiles down 1 million barrels: EIA

10:34a July WTI crude trades at $71.30/bbl on Nymex, down from $72.01 before supply data