From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 11/18/2025
U.S. stocks plummeted to open Tuesday as tech related stocks continue to plummet. All three major averages are down at least 0.8% in early trading, with both the DJIA and Nasdaq down over 1%. All three finished the day lower on Monday as well and are on track to finish the month lower.
Looking at economic data, the NAHB Housing Market Index increased a point to a reading of 38 in November. Both current sales and buyer traffic were slightly higher, while the index for future sales was lower. Market uncertainty related to the government shutdown was cited as a main reason for the lack of builder confidence.
Subscribe to our daily From the Desk newsletter to get economic commentaries and updated market rates sent directly to your inbox.
Subscribe Here