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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
Falling lumber prices and lower spending by DIY customers drags on Home Depot sales and stock price
Home Depot said framing lumber prices fell by 64% over the past year in the first quarter, leading …
Carla Mozée
Dow tumbles more than 400 points as spike in oil prices stokes further inflation fears
Each of the three major indexes finished down more than 1% Wednesday after extending losses late in…
Phil Rosen
Lumber prices could spark a 18% rally in Weyerhaeuser as wood valuation suggests limited downside, BofA says
Weyerhaeuser could issue a special dividend of $2 per share by the first quarter of 2022, the note …
Matthew Fox
Lumber prices reverse early slide, but pandemic-driven boom shows signs of weakness
Lumber future avoided their 10th straight down day on Tuesday recovering from as low as $944 per th…
Will Daniel
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
Lumber prices avoid 7th straight decline with late-day surge as the commodity's blistering 250% rally whipsaws
Lumber prices avoided a seventh straight day of losses after spiking positive right before 3:30 pm …
Will Daniel
49% of lumber dealers are now reporting excess stock as prices cool after a wild run
Before lumber's precipitous rise, supply conditions tended to be relatively stable.
Ethan Wu
Lumber prices top $1,600 for the first time ever as the ongoing homebuilding craze drains supply
Lumber prices have pushed the average price of a new single-family home up by $35,872, according to…
Will Daniel
Lumber prices fall for a 5th straight day in a reprieve for surging commodity prices
Lumber futures are now trading more than $200 below recent highs of over $1670 per thousand board f…
Will Daniel
Lumber prices are on a roller coaster. They might remind Warren Buffett of the time he doubled his money on a timber company
The investor made $22 million by betting Arcata would win its dispute with the US government over a…
Theron Mohamed
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
US stocks end the first week of the year lower as weak jobs report and Fed plans rattle markets
The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median forecast estima…
Isabelle Lee
The red-hot commodity market is being underappreciated in the long term by investors still obsessed with stocks, JPMorgan says
JPMorgan found that excluding gold, investor allocation to the commodity space stands at just 0.6%,…
Matthew Fox
Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
Lumber futures rose for the fourth-straight session on Friday to their highest level since June 202…
Isabelle Lee
Billionaire investor David Einhorn says inflation isn't going away - and expects rising prices to boost his stock portfolio
The Greenlight Capital boss is betting on higher prices for copper, paper, cement, and air cargo du…
Theron Mohamed
These 4 stocks related to the lumber industry are soaring as prices for the commodity doubled in 2021
Lumber prices are up 250% since last spring as the commodity gets squeezed on both the demand side …
Matthew Fox
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
US stocks trade mixed with Nasdaq at a record high as investors weigh recovery signals
"US stocks are stabilizing as investors are clearly in wait-and-see mode over the current wave of i…
Isabelle Lee
S&P 500 notches another record high as recovery optimism overtakes inflation concerns
"Inflation is being pushed higher on supply chain issues and pent-up consumer spending, all of whic…