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20/10/2026 17:36

US releases new home construction and other data

The Economic News Agency reported on the 20th that the three major US stock indices closed mixed yesterday, with technology stocks and artificial intelligence-related shares rebounding after significant declines last week, driving gains in the Nasdaq and S&P indices. The Dow Jones closed down 36.38 points or 0.07%, at 51966.03 points; the S&P 500 rose 31.29 points or 0.41%, closing at 7690.73 points; the Nasdaq rose 290.85 points or 1.11%, closing at 26430.89 points. In Hong Kong, the Hang Seng Index closed at 23867, down 319 points or 1.3%, with turnover of HK$190.5 billion.



Regarding important economic events around the world, at 1:00 am Hong Kong time on the 21st, the Bank of England's Monetary Policy Committee member Greene's speech will be released.



On the data front, at 8:30 pm tonight, the US will release September building permits, with the expected monthly decline narrowing from 2.1% to 1.3%; September new home construction is expected to rise from 1.275 million to 1.305 million units, with the monthly rate improving from a decline of 2.6% to a gain of 1.9%. At 10:00 pm, the US will release September existing home pending sales, with the monthly rate expected to reverse from 0.3% to a decline of 0.5%.



In the US, companies reporting earnings today include Netflix (US.NFLX), among others. (wa)

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