Pending home sales jump 6.1% in May

Pending home sales jump 6.1% in May

Pending home sales, the number of contracts to purchase previously owned U.S. homes, jumped in May. The pending home sales indexed climbed 6.1% in May, according to the National Association of Realtors. That’s the biggest jump since April 2010. It follows on an anemic 0.5% increase in April that raised fears that the U.S. housing sector had stalled.

Monday will bring market-shaping reports on this year’s U.S. grain crop

Monday will bring market-shaping reports on this year’s U.S. grain crop

Monday reports from the USDA will give the latest number of acres planted to specific crops and existing stocks of grain. Crop conditions in the Midwest are now close to ideal with more moisture in soils and very few areas reporting drought conditions. The USDA has rated almost 75% of the corn crop “good” or “excellent.” That’s the best condition at this time of year since 1999

Taking some profits in Goldcorp

Taking some profits in Goldcorp

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