• The May PCE price index rose 4.1% annually, the highest since April 2023, and 0.4% on the month, with the annual reading in line with consensus while the monthly figure came in 0.1 percentage point below estimates.
• US durable goods orders fell 4.5% to $332 billion in May, the steepest monthly decline since June 2025, driven by a 51.8% collapse in nondefense aircraft and parts orders that pulled the transport equipment category down 14.0%.
• Initial jobless claims fell 12,000 to 215,000 in the week ending June 20, the lowest in four weeks and well below the 225,000 consensus, while continuing claims rose 21,000 to 1,821,000, the highest in three months.
• US Q1 2026 GDP growth was revised up to 2.1% annualised from 1.6% in the second estimate, with the net trade contribution improving materially as imports growth was revised down sharply to 11.8% from 21.1%.
• BLDR closed at $85.41 on June 24, 2026, advancing more than 11% in one of the strongest homebuilder sessions of the year.
• CDNL closed at $81.94 on June 24, 2026, advancing more than 12% in a housing-adjacent infrastructure recovery.
• BXC closed at $60.70 on June 24, 2026, advancing nearly 11% in a broad building-products recovery session.
The 8:30 AM data dump delivered a uniformly hawkish set of prints. PCE Price Index Y/Y for May held at 4.1%, matching the prior reading exactly and missing the 3.8% forecast; Core PCE Y/Y also held at 3.4% against a 3.3% forecast. PCE M/M …
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) closed at $2.43 on June 24, plunging nearly 19% in a session with no fresh identifiable catalyst beyond the persistent structural concerns that have weighed on the stock.
• Wellgistics Health operates in healthcare distribution and pharmacy services with limited institutional ownership.