From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 7/27/2026
U.S. equity markets opened higher this morning but have since given back some of those gains despite a decline in oil prices following a weekend pause in hostilities between the U.S. and Iran. The DJIA is up over 0.5%, while both the S&P 500 and Nasdaq both have turning negative in early trading. Lower energy prices have eased some of the inflation concerns that weighed on markets last week, and investors are turning their attention to a busy week that includes earnings reports from several large technology companies, as well as the Federal Reserve’s latest policy meeting.
New orders for durable goods rose 0.3% in June after declining 4.0% the previous month. Excluding the often-volatile transportation category, orders increased 0.6%. Core capital goods orders, a key measure of business investment that excludes defense and aircraft, rose 0.9%.
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