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Stock market today: US stocks edge higher amid mixed earnings and ahead of PCE inflation data
Stocks edged higher on Thursday ahead of new inflation data in the form of May PCE. Weekly jobless …
Max Adams  Â
Lumber prices fall toward multi-year lows as pending home sales slump and industry searches for supply balance
"Lumber is trying to carve out it's new post-covid trading range after resetting to more historical…
Matthew Fox  Â
Lumber prices will continue to rebound into summer after reclaiming the $1,000 level as seasonal demand ramps up, industry executive says
"Heading into what is the typical seasonal strength of the lumber market, a substantial buying roun…
Matthew Fox  Â
Lumber prices crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market
A surge in mortgage rates contributed to a decline in pending home sales last month, according to t…
Matthew Fox  Â
4 reasons why lumber prices have doubled from summer lows — and why one expert sees them normalizing again
Despite the recent spike, traders can expect lumber prices to normalize in the near term and settle…
Isabelle Lee  Â
Lumber is not going back to pre-pandemic levels and will continue to rise next year, according to an investing chief
The trend line for lumber prices will see a sustained 5% increase, folding in transportation and la…
Isabelle Lee  Â
Lumber prices have risen 50% since August, and 2 experts say the resurgence will continue through early 2022
While analysts are expecting to see an uptick in 2022, they don't expect the price of lumber to soa…
Isabelle Lee  Â
Lumber prices are set for a shakeup with the rollout of new futures contracts - and a top broker says trading volume could soar 10 times
Typically, lumber contracts are carried out by railcar, but the new deliveries will be made by truc…
Phil Rosen  Â
Lumber prices waver as mortgage rates cool but builder confidence craters to lowest level since start of the pandemic
"Sales have fallen off a cliff. We're selling one-third of what we sold in March and April," a home…
Matthew Fox  Â
3 reasons why lumber prices will tumble 30% by year end, according to a veteran portfolio manager
Michael Gayed, a veteran portfolio manager who has long touted lumber as an indicator for the US ec…
Isabelle Lee  Â
These 5 beaten-down lumber stocks have strong upside into year-end as the housing boom continues, RBC says
"We think that the worst of the declines are over and that it is a good time to start getting up to…
Isabelle Lee  Â
2 reasons why lumber prices will tumble another 28% from 13-month lows, according to one analyst
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles c…
Isabelle Lee  Â
Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says
By end of August and into September, the price of lumber could settle in a range between $350-$450 …
Isabelle Lee  Â
Lumber prices have already bottomed - and 3 forces will drive them higher going forward, one investment head says
Ed Egilinsky of Direxion pointed to the tightening labor market, the raging wildfires, and the emer…
Isabelle Lee  Â
Lumber falls 24% in 9-day losing streak, but analysts see a bottom forming for the key building commodity
"If the homebuilders' January momentum proves sustainable... many lumber suppliers could be caught …
Matthew Fox  Â
Lumber prices have fallen, but the stage is set for a potential 65% rally through the end of the year, an expert says
"The losses we are seeing over recent months could soon enough bring another major buying opportuni…
Isabelle Lee  Â
3 factors will keep lumber prices elevated despite a multi-week decline, an economist says
As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-…
Isabelle Lee  Â
3 reasons why lumber prices could stage a late summer rally, according to Bank of America
"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large mo…
Matthew Fox  Â
Lumber prices will fall back to pre-pandemic levels within a year amid considerable volatility, investment chief says
Lumber prices will be volatile, but movements will vary by location in the US, according to Stuart …
Isabelle Lee  Â
Lumber prices have rebounded sharply over the last 3 days after plummeting more than 50% from record highs
Commercial construction may be fueling demand this time around as the US economy makes its way to a…