Retail Sales Up 0.3 Percent in December

The FOMC voted to maintain the target range of the federal funds rate at 3.5%-3.75%. Fed Governor Stephen Miran voted against the action, preferring a cut of 25 basis points, while three governors supported holding the target range...

New orders for manufactured durable goods increased $2.6 billion, or 0.8%, from the previous month to $318.9 billion in March, the U.S. Census Bureau said in its most recent advance report.

Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1.502 million, according to the U.S. Department of Commerce.

The Consumer Confidence Index was 92.8 in April, up from 92.2 the previous month, the Conference Board said.

Home prices increased 0.7% in February compared to the same month a year ago, down from a 0.8% rise the previous month, according to the S&P Cotality Case-Shiller Index.

The Senate Banking Committee is scheduled to vote on Wednesday to advance the nomination of Kevin Warsh to be Federal Reserve chairman, with a key Republican committee member having dropped his opposition to the vote.