TMTG, Case-Shiller Home Price Index: Tuesday's what to watch
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social platform, starts trading on the Nasdaq tomorrow.
The Case-Shiller Home Price Index for January is expected Tuesday morning, with economists projecting a rise in prices year over year, though holding relatively steady for the previous month. The report will give insight into the value of single-family homes as interest rates still hover around 7%.
On the earnings front, McCormick & Company and GameStop will report tomorrow.
Video Transcript
JOSH LIPTON: Time now for what to watch Tuesday, March 26th. Trump Media and Technology Group starting to trade tomorrow. The parent company of former President Donald Trump's Truth Social trading on the NASDAQ and effectively adding billions to Trump's net worth. This coming after a New York appeals court today gave Trump 10 more days to post a $175 million bond to satisfy his New York civil fraud case.
AKIKO FUJITA: And turning to the economy. The Case-Schiller home price index for January coming out in the morning. Economists forecasting the prices to go up year over year and hold relatively steady from the previous month.
This comes after home prices hit a new all-time high in December. The report giving us more insight into the value of single family homes as mortgage rates still hover around 7%.
JOSH LIPTON: And finally, on the earnings front McCormick and company and GameStop both reporting tomorrow. GameStop announcing fourth quarter and full fiscal year 2023 results after the closing bell. Gaming retailer having a rough start to the year down more than 10%. But closing higher today.
