TikTok ban vote, earnings, mortgage data: What to Watch

03/13/2024 05:18
TikTok ban vote, earnings, mortgage data: What to Watch

The US House of Representatives are set to take a vote on whether or not to force TikTok parent company ByteDance to divest from the company or else disqualify the app from the US market. If the bill makes its way through Congress, President Biden has claimed he will sign it into law. Lennar (LEN), Dollar Tree (DLTR), and Williams-Sonoma (WSM) are set to post their latest quarterly earnings, with Lennar posting their first-quarter earnings for 2024. Shares of Lennar are already up 12% year-to-date as other homebuilding companies in the sector are in the green. New weekly mortgage application data will be released Wednesday morning. As mortgage rates hover around 7%, things may turn around as spring buying season is right around the corner. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

The US House of Representatives are set to take a vote on whether or not to force TikTok parent company ByteDance to divest from the company or else disqualify the app from the US market. If the bill makes its way through Congress, President Biden has claimed he will sign it into law.

Lennar (LEN), Dollar Tree (DLTR), and Williams-Sonoma (WSM) are set to post their latest quarterly earnings, with Lennar posting their first-quarter earnings for 2024. Shares of Lennar are already up 12% year-to-date as other homebuilding companies in the sector are in the green.

New weekly mortgage application data will be released Wednesday morning. As mortgage rates hover around 7%, things may turn around as spring buying season is right around the corner.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Nicholas Jacobino

Read more --->