Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater

Texas AG Probes Lululemon Leggings For "Forever Chemicals" Shares of Lululemon Athletica fell as much as 4.5% in late-morning New York trading after Texas Attorney General Ken Paxton launched an investigation into whether the company, known for its leggings, misled consumers about potential "forever chemicals" in its apparel. Paxton's probe of Lululemon's athletic apparel centers around leggings that may contain PFAS, or "forever chemicals," and whether the company misled consumers about the safety, quality, and health impacts of its products. The attorney general's office will also review the company's restricted substances...

Futures Rise After Trump Extends Ceasefire Even As Brent Tops $100 Futures are higher with earnings in full swing and AI winners soaring. Trump indefinitely extended the ceasefire with Iran just before its Taco Tuesday expiration, while maintaining a blockade of the Strait of Hormuz, after plans for peace talks fell apart. Still, the market doesn’t seem too concerned about the lack of a resolution, and is instead focused on a Tasnim report that Iran had received "some signs" the US was ready to break the blockade. As of 8:00am, S&P futures were...