For: July 10, 2026
>>Trading Week Winding Down
(New York, NY) -- The opening bell rings this morning on Wall Street after stocks closed higher yesterday. It comes as investors are keeping an eye on the latest developments between the U.S. and Iran after President Trump's announcement that he considers the ceasefire over as of now. At the closing bell, the Dow Jones Industrial Average added 139 points to 52-487. The S&P 500 gained 60 points to 75-43. The Nasdaq rose 336 points to 26-206.
>>June Home Sales Drop As Prices Soar
(Chicago, IL) -- Home sales for the month of June are coming in lower than expected. According to the National Association of Realtors, sales of previously owned homes in June dropped over two percent from May despite projections of a slight gain month over month. The median price of an existing home sold in June was 440-thousand-600 dollars, which marks an increase of nearly two percent from the year before and the highest on record. High mortgage rates coupled with record-high prices are causing homebuyers to pull back. However, when looking on a regional level, home sales were down in June month over month everywhere except in the Northeast.
>>IMF Cuts Global Growth Forecast
(Washington, DC) -- The International Monetary Fund is cutting its global growth forecast for the second time this year. The agency blames the energy shock cause by the U.S.-Israel war with Iran. Growth is now forecast at three percent, down from three-point-one percent in April. The outlook would have been lower but was offset by AI-driven demand. The numbers were cut after the U.S. resumed military strikes on Iran this week, apparently bringing an end to a ceasefire and causing oil prices to surge. Global inflation is expected to rise to four-point-seven percent this year.
>>Groundbreaking For Last WTC Building 25 Years After 9-11
(New York, NY) -- Construction is underway on what is the last commercial high rise building at the rebuilt World Trade Center site nearly 25 years after the 9-11 terror attacks. A ground breaking ceremony took place Thursday for Two World Trade Center in Lower Manhattan. American Express is making the 55-story building its global headquarters when it opens in 2031, complete with ten-thousand workers inside.
>>Pharr International Bridge Named Top Produce Crossing In America
(Pharr, TX) -- The Pharr International Bridge, which connects Pharr, Texas with Reynosa in Mexico, has been named the top crossing for produce in the United States. The city announced the achievement during a ceremony yesterday. Seventy percent of all avocados entering the U.S. cross the Pharr bridge. Officials say about 110 thousand shipments of produce use the bridge each year, a number that could grow when the bridge expands in November.
