Market Update | May 25, 2017

No clear trend in sector performance. Defensive sectors among top performers, but materials led, telecom was the biggest laggard among S&P sectors. Utilities, real estate outperformance could signal some market participants.

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Market Update | May 24, 2017

Housing data not as weak as appeared. April new home sales missed estimates (569K vs. 605K expected) and well below revised March levels (642K); importantly, upward revisions to prior months more than made up for the April shortfall.

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