USA Existing Home Sales For June 3.89M Vs 3.99M Est.; 4.11M Prior
Portfolio Pulse from Benzinga Newsdesk
USA existing home sales for June came in at 3.89 million, below the estimated 3.99 million and the prior month's 4.11 million.
July 23, 2024 | 2:00 pm
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The SPDR S&P 500 ETF (SPY) may see a short-term impact due to the lower-than-expected existing home sales for June, which could signal a slowing economy.
The lower-than-expected existing home sales for June may indicate a slowing economy, which could negatively impact the broader market and SPY.
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