USA Existing Home Sales For September 3.84M Vs 3.88M Est.; 3.88M Prior (Revised)
Portfolio Pulse from Benzinga Newsdesk
The USA's existing home sales for September were reported at 3.84 million, slightly below the estimated 3.88 million and the revised prior figure of 3.88 million.
October 23, 2024 | 2:00 pm
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The SPDR S&P 500 ETF (SPY) may experience minor fluctuations due to the slightly lower-than-expected existing home sales figures for September, which could indicate a cooling housing market.
The SPY ETF, which tracks the S&P 500, could be slightly affected by the lower-than-expected home sales as it reflects broader economic conditions. However, the impact is likely minimal as the deviation from estimates is small.
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