Birling Capital Advisors LLC

September 6, 2024 Global Market Square Global Markets Tumble as Mixed Jobs Report Fuels Rate Cut Uncertainty The U.S. and European stock markets closed the week with losses, driven by losses in the Nasdaq and the "Magnificent 7" mega-cap stocks, as a mixed jobs report raised fears that the Federal Reserve may be lagging in cutting interest rates. Although the Nasdaq has dipped back into correction territory, it remains above its August lows. All sectors saw declines, with communication services and consumer discretionary stocks leading the downturn. Global markets followed suit, with both Asia and Europe closing lower. Job Growth Slows – August's nonfarm payrolls rose by 142,000, missing expectations of 160,000 and falling below the 12-month average of 202,000. Additionally, job gains from June and July were revised down to 89,000. Despite the slower growth, the unemployment rate peaked at 4.2%, aligning with forecasts after a surprise increase the previous month. Weekly jobless claims remained low, signaling employers are slowing hiring rather than resorting to significant layoffs. Treasury yields edged lower, with the 10-year yield settling around 3.72%, and the 2-year Treasury yield dipped to 3.66%, bringing the yield curve back into positive territory after two years of inversion. The Fed's attention is shifting towards achieving maximum employment as inflation continues to ease. While a 50-basis-point rate cut is possible, we believe a 25-basis-point cut is likely. Key Economic Data: •U.S. Nonfarm Payrolls MoM: rose to 142,000, up from 89,000 last month, increasing 59.55%. •U.S. Unemployment Rate: fell to 4.20%, compared to 4.30% last month. •U.S. Labor Force Participation Rate: is unchanged at 62.70%, compared to 62.70% last month. •Canada Employment Net Change: rose to 22,100, up from -2,800 last month. •Canada Unemployment Rate: rose to 6.60%, compared to 6.40% last month. •Canada Labour Force Participation Rate: rose to 65.10%, compared to 65.00% last month. •Canada Ivey PMI: fell to 48.20, down from 57.60 last month, decreasing -16.32% •Germany Industrial Production Index MoM: fell to -2.40%, compared to 1.70% last month. •Germany Trade Balance: rose to 24.90 billion, up from 20.40 billion last month, rising 22.06%. Eurozone Summary: •Stoxx 600: Closed at 506.56, down 5.49 points or 1.07%. •FTSE 100: Closed at 8,181.47, down 60.24 points or 0.73%. •DAX Index: Closed at 18,301.90, down 274.60 points or 1.48%. Wall Street Summary: •Dow Jones Industrial Average: closed at 40,345.41, down 410.34 points or 1.01%. •S&P 500: closed at 5,408.42, down 94.99 points or 1.73%. •Nasdaq Composite: closed at 16,690.83, down 436.83 points or 2.55%. •Birling Capital Puerto Rico Stock Index: closed at 3,771.53, down 54.74 points or 1.51%. •Birling Capital U.S. Bank Stock Index: closed at 5,307.48, down 49.61 points or 0.93%. •U.S. Treasury 10-year note: closed at 3.72%. •U.S. Treasury 2-year note: closed at 3.66%.

September 5, 2024 Global Market Square Labor Market Softens Ahead of Payrolls Report as the ADP Employment Change Falls Sharply 10.81%, Fed Eyes Rate Cuts and U.S. Productivity Rises The U.S. and European stock markets closed the session mostly down; after a two-day pullback during this holiday-shortened week, equity markets were looking to regain stability. However,t it was not to be, as only the Nasdaq barely closed up. Mixed signals from the labor market are pushing government bond yields both short- and long-term—down to their lowest levels of the year. Meanwhile, tech stocks, which have been under pressure, begin to recover, boosted by the Magnificent 7. The labor market is the focus this week, all eyes set on Friday's payrolls report. Despite high interest rates and inflation, steady job gains and low unemployment have been crucial for economic growth. However, recent data suggest the labor market may be cooling. The ADP showed that U.S. companies added less jobs since early 2021. This cooling trend is part of a normalization process and Weekly jobless claims remain low, and Friday's jobs report will shape the state of the labor market, with expectations of 165,000 new jobs. Fed officials decide whether a rate cut of a quarter or half a percentage point is appropriate for their September 18 meeting. With inflation easing policymakers are now more focused on achieving maximum employment. We prefer that the Fed implement a 50 basis points rate cut. Key Economic Data: •U.S. Initial Claims for Unemployment Insurance: fell to 227,000, down from 232,000 last week, decreasing -2.16%. •ADP Employment Change: fell to 99,000, down from 111,000 last month, decreasing -10.81%. •ADP Median Pay YoY: is unchanged at 4.80%, compared to 4.80% last month. •U.S. Productivity: rose to 2.50%, compared to 0.40% last quarter. •U.S. ISM Services PMI: rose to 51.50, up from 51.40 last month. •U.S. ISM Services New Orders Index: rose to 53.00, up from 52.40 last month. •U.S. ISM Services Employment Index: fell to 50.20, down from 51.10 last month. •U.S. ISM Services Prices Paid Index: rose to 57.30, up from 57.00 last month. 30-Year Mortgage Rate: is unchanged at 6.35%, compared to 6.35% last week. •Eurozone Retail Trade YoY: is at -0.10%, compared to -0.40% last month. Eurozone Summary: •Stoxx 600: Closed at 518.05, down 2.77 points or 0.54%. •FTSE 100: Closed at 8,241.71, down 27.89 points or 0.34%. •DAX Index: Closed at 18,576.50, down 15.35 points or 0.08%. Wall Street Summary: •Dow Jones Industrial Average: closed at 40,755.75, down 219.22 points or 0.54%. •S&P 500: closed at 5,503.41, down 16.66 points or 0.30%. •Nasdaq Composite: closed at 17,127.66, up 43.37 points or 0.25%. •Birling Capital Puerto Rico Stock Index: closed at 3,829.26, down 32.10 points or 0.83%. •Birling Capital U.S. Bank Stock Index: closed at 5,357.09, down 6.17 points or 0.12%. •U.S. Treasury 10-year note: closed at 3.73%. •U.S. Treasury 2-year note: closed at 3.75%.

September 4, 2024 Global Market Square Nvidia's Wretchedness Continues Amid DOJ Antitrust Probe, GDPNow Rises to 2.1%, and Markets Brace for Friday's Key Jobs Report The U.S. and European stock markets closed the session mostly down, except for the Dow Jones, which closed up following yesterday's sharp sell-off caused by asset rotations and profit-taking. So far this week, the three indexes have fallen, led by the Nasdaq, down 3.55%; the S&P 500, declining 2.27%; and the Dow Jones, falling 1.47%. Wall Street today is digesting the JOLTS report that shows Job openings dropped to their lowest level in 3½ years in July, according to a report from the Labor Department, signaling further cooling of the labor market. The JOLTS, an indicator of labor market conditions, shows 7.67 million in July, down 3%, the lowest number of job openings since January 2021. The consensus estimates expected 8.1 million new jobs. This decline has the ratio of job openings to available workers to just under 1.1, a significant drop from its peak of over 2 to 1 in 2022. Friday's Jobs Report, a factor influencing near-term market sentiment. The GDPNow for the third quarter reports a 2.10% GDP forecast for the 3Q. Projections suggest that unemployment may fall to 4.2%, and job creation may rise to 165,000. Another issue impacting the market is the revelation that NVIDIA faces a subpoena from the Department of Justice as part of an antitrust investigation. Although the inquiry is still in its early stages, industry estimates say NVIDIA controls 80% of the market for AI chips. The investigation focuses on whether Nvidia's practices make it difficult for customers to switch to other AI chip suppliers. Nvidia dominated the market for AI chips for data centers before competitors like AMD and Intel noticed, and its stock fell 17.28% from August 28. GDPNow Update: •The GDPNow for the Third Quarter of 2024 was updated on September 4, rising to 2.10% from 2.00%, a 5% increase. Key Economic Data: •U.S. Job Openings: Total Nonfarm: fell to 7.673 million, down from 7.91 million last month and down -3.00%. •U.S. Trade Balance on Goods: fell to -103.13 billion, down from -97.51 billion last month. •U.S. Durable Goods New Orders MoM: rose to 9.83% compared to -6.87% last month. Eurozone Summary: •Stoxx 600: Closed at 519.84, down 5.10 points or 0.97%. •FTSE 100: Closed at 8,298.46, down 65.38 points or 0.78%. •DAX Index: Closed at 18,747.11, down 183.74 points or 0.97%. Wall Street Summary: •Dow Jones Industrial Average: closed at 40,974.97, up 38.04 points or 0.09%. •S&P 500: closed at 5,520.07, down 8.86 points or 0.16%. •Nasdaq Composite: closed at 17,084.30, down 52.00 points or 0.30%. •Birling Capital Puerto Rico Stock Index: closed at 3,915.74, up 40.61 points or 1.05%. •Birling Capital U.S. Stock Index: closed at 5,480.49, up 66.50 points or 1.23%. •U.S. Treasury 10-Year note: closed at 3.77% •U.S. Treasury 2-Year note: closed at 3.76%.

4 de septiembre de 2024 Salud como derecho humano: ¿Cómo abordamos el riesgo sistémico en el ecosistema de salud de Puerto Rico? Nos complace compartir con ustedes la edición de Septiembre de 2024 de The Zenith Investor que publicamos y editamos para la Cámara de Comercio de Puerto Rico bajo el título, "Salud como derecho humano: ¿Cómo abordamos el riesgo sistémico en el ecosistema de salud de Puerto Rico?". En esta edición analizamos los siguientes temas: •Estados Unidos el único país desarrollado que no reconoce el acceso a la salud como un derecho humano. •El riesgo sistémico de la salud en Puerto Rico. •El discrimen del Congreso de EE. UU. en la asignación de fondos para el acceso a la Asistencia de Salud de Puerto Rico. •¿Qué puede hacer el próximo Gobierno Electo de Puerto Rico? •¿Cuál es el riesgo de no actuar? •La última palabra: Erradiquemos la desigualdad en salud. Para accesar el reporte o imprimirlo haga click aquí: https://lnkd.in/d49cvUy9 Esperamos que les sea de utilidad. Francisco Rodríguez-Castro Presidente & CEO Birling Capital Advisors, LLC

September 3, 2024 Global Market Square U.S. Markets Open September with Losses as Manufacturing Data Sparks Economic Worries and the Dow Jones Fell 626.15 Points The U.S. and European stock markets began trading with losses on the first trading day of September, following an August that said the S&P 500 rose 2.28% and the Nasdaq Composite rose 0.65%; both indexes recorded their fourth straight month of growth. The market took a hit on Tuesday,as the Institute for Supply Management's figures fell short of economists' expectations. The ISM Manufacturing PMI rose to 47.20, up from 46.80 but below the 47.90 estimate. The tech and energy stocks are among the hardest hit, with energy particularly affected by falling oil prices due to softer demand from China and the potential for increased production from OPEC+. Today's decline seems primarily driven by routine asset rotation with profit-taking, especially since stocks closed last week near record highs. The broader market fundamentals remain strong and thursday's quarterly report on labor-force productivity is particularly noteworthy, as recent gains in this area have been a significant driver of GDP growth. However, this week's leading event for investors is the August jobs report, due on Friday, this employment report will be vital in shaping the "soft landing" narrative. Job growth estimates point to 160,000 new jobs, up from 114,000 last month, with a decrease in the unemployment rate. The labor market is cooling but not collapsing, which supports our view that the economy is on track for modest growth. A fragile report could raise concerns about an economic slowdown and increase expectations for a larger rate cut this month. Key Economic Data: •U.S. ISM Manufacturing PMI: rose to 47.20, up from 46.80 last month, increasing 0.85%. •U.S. ISM Manufacturing New Orders Index: fell to 44.60, down from 47.40 last month, decreasing -5.91%. •U.S. ISM Manufacturing Employment Index: rose to 46.00, up from 43.40 last month, increasing 5.99%. •U.S. ISM Manufacturing Prices Paid Index: rose to 54.00, up from 52.90 last month, increasing 2.08%. •U.S. Construction Spending MoM: fell by -0.29%, compared to 0.04% last month. •U.S. Retail Gas Price: fell to $3.433, down from $3.50 last week, decreasing 1.91% Eurozone Summary: •Stoxx 600: Closed at 519.84, down 5.10 points or 0.97%. •FTSE 100: Closed at 8,298.46, down 65.38 points or 0.78%. •DAX Index: Closed at 18,747.11, down 183.74 points or 0.97%. Wall Street Summary: •Dow Jones Industrial Average: closed at 40,936.93, down 626.15 points or 1.51%. •S&P 500: closed at 5,528.93, down 119.47 points or 2.12%. •Nasdaq Composite: closed at 17,713.62, down 577.33 points or 3.26%. •Birling Capital Puerto Rico Stock Index: closed at 3,875.12, down 0.99 points or 0.03%. •Birling Capital U.S. U.S. Stock U.S.x: closed at 5,413.99, upU.S.97 points or 0.61.%. •U.S. Treasury 10-year note: closed at 3.84%. •U.S. Treasury 2-year note: closed at 3.88%.

September 2, 2024 Addressing Healthcare: The Most Fundamental of Human Rights and Tackling Puerto Rico's Healthcare Systemic Risk When the New Governor is Elected We are pleased to share our latest Think Strategically Column, "Addressing Healthcare: The Most Fundamental of Human Rights and Tackling Puerto Rico's Healthcare Systemic Risk When the New Governor is Elected," published weekly in The News Journal powered by El Vocero Newspaper. Inside this issue, we discuss the following topics: 1.Healthcare is the most fundamental of human rights. 2. The U.S. Congress's discrimination in Puerto Rico's Healthcare funding 3 What Can the Incoming Puerto Rico Governor Do? 4.The Final Word: Getting Rid of Healthcare Inequality •To read the Column, please click here:https://lnkd.in/ePSVcQ6i •To read or print the full report, please click here:https://lnkd.in/esJuG59A We Hope you will enjoy it. Francisco Rodríguez-Castro, CHFP President & CEO

August 30, 2024 Global Market Square Global Markets Close Mixed in Reaction to the Core PCE Falling ahead of estimates, Signaling Potential Rate Cuts in September, Consumer Spending Surges, Outpacing Income Growth The U.S. and European stock markets ended the week with mixed results following the release of the Fed's preferred inflation metric, the core Personal Consumption Expenditures price index, which rose to 2.62% YoY in July, below the 2.77% Inflation Nowcasting a -5.41% decrease, but slightly ahead of last month's 2.58%. The PCE rose to 2.50%, some 5.04% ahead of the Inflation Nowcasting of 2.38% and slightly ahead of last month's 2.47%. While still above the Fed's 2% target, the month-over-month increase has remained under 0.2% for three consecutive months, aligning with the Fed's inflation goals. With inflation improving, the Fed is ready to begin the rate-cut cycle in September. Wall Street ended the week with the Dow Jones gaining 322.56 points, the S&P 500 31.56 points, and the Nasdaq Composite lost 12.14 points. Consumer spending surged by 0.5% in July, surpassing estimates, and personal income rose by 0.3%, beating forecasts. Bond yields closed up with the 10-year and 2-year Treasury yields closed at 3.91%. Global markets also shows momentum, with Asian markets closing higher. In the European markets, cautiousness prevails as investors navigate through a mix of gains and slight declines. The anticipation of interest rate cuts by the central bank, but the German economy faces challenges, adding uncertainty. Key Economic Data: •U.S. PCE Price Index YoY: rose to 2.50%, compared to 2.47% last month. •U.S. Core PCE Price Index YoY: rose to 2.62%, compared to 2.58% last month. •U.S. Index of Consumer Sentiment: rose to 67.90, up from 66.40 last month, increasing 2.26%. •U.S. Personal Income MoM: rose to 0.31%, compared to 0.20% last month. •U.S. Personal Spending MoM: rose to 0.53%, compared to 0.32% last month. •Canada Real GDP QoQ: rose to 2.14%, compared to 1.76% last quarter. •Germany Unemployment Rate: rose to 6.10%, compared to 6.00% last month. •Germany Real Retail Sales YoY: rose to 1.80%, compared to -1.90% last month. •Japan Unemployment Rate: rose to 2.70%, compared to 2.50% last month. •Japan Housing Starts YoY: -0.20%, compared to -6.66% last month. Eurozone Summary: •Stoxx 600: Closed at 525.05, up 0.48 points or 0.09%. •FTSE 100: Closed at 8,376.63, down 3.01 points or 0.04%. •DAX Index: Closed at 18,906.92, down 5.65 points or 0.03%. Wall Street Summary: •Dow Jones Industrial Average: closed at 41,563.08, up 228.03 points or 0.55% •S&P 500: closed at 5,648.40, up 56.44 points or 1.01%. •Nasdaq Composite: closed at 17,713.62, up 197.20 points or 1.13%. •Birling Capital Puerto Rico Stock Index: closed at 3,875.12, down 0.99 points or 0.03%. •Birling Capital U.S. Stock: closed at 5,413.99, up 32.97 points or 0.61.%. •U.S. Treasury 10-Year Note: closed at 3.91%. •U.S. Treasury 2-Year Note: closed at 3.91%.

August 29, 2024 Global Market Square Revised US GDP Growth Rate Hits 3.0% in Q2 2024 Shows U.S. Economic Resilience; S&P 500 Earnings Beat Expectations and NVIDA's Stock falls 6.38%. The U.S. and European stock markets closed with mixed results amid a sharp decrease in NVIDIA's stock fortunes, even as there was a good mix of positive economic data to evaluate, and that balanced the disappointment from some investors over NVIDIA's outsize expectations. The Dow Jones closed up, while the S&P 500 and Nasdaq fell. As we discussed yesterday, the company reported an impressive 122% quarterly revenue growth, beating expectations of 112%. NVIDIA faces challenges following reports of delays in producing its upcoming artificial intelligence chips, specifically the Blackwell B200. This news led to a sharp decline in NVIDIA's stock price, which fell $8.01. Nonetheless, the stock is up more than 150% for the year. Inflation continues to fall, and the Fed is cutting interest rates during the rest of 2024, aligning the economy to reach a soft landing. The GDP report for the Second-quarter GDP growth was revised upward to 3.0% annualized from the previous 2.8%, a 7.14% improvement. The upgrade was driven by a robust 2.9% increase in consumer spending. The GDPNow for the third quarter of 2024 was updated on August 26, unchanged at 2.00% GDP. The second quarter corporate earnings parade is in its last legs, with over 98% of S&P 500 companies having reported. The earnings growth rate is at 11.3% Y-o-Y, surpassing the 8.8% forecasted at the end of the first quarter. Key Economic Data: •U.S. Initial Claims for Unemployment Insurance: fell to 231,000, down from 233,000 last week, decreasing -0.86%. •U.S. Real GDP QoQ.ose to 3.00%, compared to 1.40% last quarter. •U.S. Pending Home Sales YoY: is at -2.62%, compared to -6.46% last. •30-Year Mortgage Rate: fell to 6.46%, compared to 6.49% last week. •U.S. Total Vehicle Sales: rose to 16.30 million, up from 15.63 million last month, increasing 4.31%. •Eurozone Consumer Confidence Indicator: fell to -13.50, down from -13.00 last month. •Eurozone Economic Sentiment Indicator: rose to 96.60, up from 96.00 last month, up 0.62%. •Germany Consumer Price Index YoY: fell to 1.90%, compared to 2.30% last month. Eurozone Summary: •Stoxx 600: Closed at 524.57, up 3.97 points or 0.76%. •FTSE 100: Closed at 8,379.64, up 35.79 points or 0.43%. •DAX Index: Closed at 18,912.57, up 130.28 points or 0.54%. Wall Street Summary: •Dow Jones Industrial Average: closed at 41,335.05, up 243.63 points or 0.59%. •S&P 500: closed at 5,591.96, down 0.22 points or 0.00%. •Nasdaq Composite: closed at 17,516.43, down 39.60 points or 0.23%. •Birling Capital Puerto Rico Stock Index: closed at 3,876.11, up 45.64 points or 1.19%. •Birling Capital U.S. Bank Stock Index: closed at 5,381.02, up 16.13 points or 0.30% •U.S. Treasury 10-year note: closed at 3.87%. •U.S. Treasury 2-year note: closed at 3.87%.

August 28, 2024 Global Market Square Wall Street Falls, NVIDIA Reports Earnings that surged 122%; Salesforce revenues rose 8%, and the stage it set for the Fed's Preferred Inflation metric, the Core PCE The U.S. and European stock markets closed with mixed results; with no economic data to influence trading, and most everyone was expecting the Earnings of NVIDIA and Friday’s PCE and Core PCE, so investors took a breather. NVIDIA reported earnings after the market close, showing a 122% surge in revenue driven by strong demand for data center chips, surpassing expectations. Salesforce also reported earnings that beat expectations, with revenues rising 8%. These results could set the tone for tomorrow's trading. Investors will closely watch the Fed's preferred inflation measure release on Friday, followed by employment report. The data is crucial in determining whether the Fed to cut rates by 0.25% or 0.5% at its meeting on September 18. NVIDIA, has influenced the S&P 500, now making up 7% of the index. The Stock, which has gained 159.10% this year, will cause a significant market reaction tomorrow following its earnings. Analysts had anticipated sales to increase by 112% and they grew by 122% and earnings by 139% and grew by 168%, with major tech companies investing heavily in NVIDIA's processors to advance their AI projects. Fears of a recession have faded quickly, and the Fed rate cuts are on route, it's too early to dismiss the possibility of further market volatility, given the historically challenging period of the elections. The fundamental outlook is strong, with rising economic growth and corporate earnings. Corporate Earnings Parade: •NVIDIA Corp (NVDA): reported 2Q25 revenues of $30 billion, up 122%, net income of $16.599 billion, up 168%, and earnings per share of $0.67, which beat estimates. NVDA has a Price Objective of $143.10, and the Stock closed at $125.61, down $2.59%. •Salesforce Inc (CRM): reported 2Q25 revenues of $9.325 billion, up 8%, net income of $1.429 billion, up 12.78%, and earnings per share of $1.47, which beat estimates. CRM has a Price Objective of $301.04, and the Stock closed at $258.50, down -$5.70. Key Economic Data: •Japan Consumer Confidence Index: rose to 36.70, up from 36.40 last month, increasing 0.82%. Eurozone Summary: •Stoxx 600: Closed at 520.60, up 1.72 points or 0.33%. •FTSE 100: Closed at 8,343.85, down 1.61 points or 0.019%. •DAX Index: Closed at 18,782.29, up 100.48 points or 0.54%. Wall Street Summary: •Dow Jones Industrial Average: closed at 41,091.42, down 159.08 points or 0.39%. •S&P 500: closed at 5,592.18, down 33.62 points or 0.60%. •Nasdaq Composite: closed at 17,556.03, down 198.79 points or 1.12%. •Birling Capital Puerto Rico Stock Index: closed at 3,830.47, down 1.79 points or 0.05%. •Birling Capital U.S. Bank Stock Index: closed at 5,364.88, down 13.23 points or 0.25%. •U.S. Treasury 10-year note: closed at 3.84%. •U.S. Treasury 2-year note: closed at 3.83%.

August 27, 2024 Global Market Square Inflation and Earnings of Tech Titans NVIDIA and Salesforce Set to Steer Market Sentiment, and Wall Street Closes Higher The U.S. and European stock markets closed higher as investors eagerly await tomorrow's earnings reports from tech heavyweights NVIDIA and Salesforce. Both companies are expected to provide critical insights into the tech sector's performance. Asian markets presented a mixed picture overnight—Japan's Nikkei ended positively, while Chinese equities were mixed. In Europe, markets are mostly climbing higher, even as Germany's GDP contracted to -0.10%. On the bond front, yields were up, with the 10-year Treasury yield closing at 3.83% and the 2-year yield at 3.83%, which shows the inverted yield curve is now uninverted. The yield curve, which had been inverted for over two years, has now returned to a normal state where longer-term interest rates are higher than shorter-term rates. This change is primarily due to market expectations of more aggressive rate cuts by the Federal Reserve. As earnings season wraps up, all eyes are on NVIDIA and Salesforce, both reporting after the close on Wednesday. Analysts anticipate NVIDIA to deliver EPS of $0.6422, a 140% growth, and Salesforce is projected to show solid EPS growth of $2.356, up 11%; the results from these two giants can influence market sentiment. Overall, second-quarter earnings have been robust. With around 96% of S&P 500 companies having reported, 79% have exceeded expectations. S&P 500 EPS is on track to grow by 10.8% year-over-year in Q2, the most substantial quarterly growth since Q4 2021. Inflation is a key focus this week, with the July Personal Consumption Expenditures (PCE) inflation report due on Friday. Inflation Nowcasting has the PCE at 2.38% inflation to fall from 2.51%, with core PCE inflation (excluding food and energy) expected to rise to 2.77% from last month's 2.63%. Key Economic Data: •Case-Shiller Composite 20 Home Price Index YoY: fell to 6.41%, compared to 6.81% last month. •Case-Shiller Home Price Index: National: rose to 320.82, up from 320.32 last month, increasing 0.16%. •Richmond Fed Manufacturing Index: fell to -19.00, down from -17.00 last month. • Germany's Real GDP QoQ fell to -0.10%, compared to 0.20% last quarter. Eurozone Summary: •Stoxx 600: Closed at 518.88, up 0.83 points or 0.16%. •FTSE 100: Closed at 8,345.46, up 17.68 points or 0.21%. •DAX Index: Closed at 18,681.81, up 64.79 points or 0.35%. Wall Street Summary: •Dow Jones Industrial Average: closed at 41,250.50, up 9.98 points or 0.02%. •S&P 500: closed at 5,625.80, up 8.96 points or 0.16%. •Nasdaq Composite: closed at 17,754.82, up 29.06 points or 0.16%. •Birling Capital Puerto Rico Stock Index: closed at 3,831.85, down 17.13 points or 0.19%. •Birling Capital U.S. Bank Stock Index: closed at 5,378.12, up 3.51 points or 0.07%. •U.S. Treasury 10-year note: closed at 3.83%. •U.S. Treasury 2-year note: closed at 3.83%.