U.S. housing data revealed a 4% rise in new home sales, lifting homebuilder equities by 1.4%. Finance and investing forecasts expect mortgage rates to stabilize, supporting sector strength. This article Perplexity CEO Aravind Srinivas Backs $9M AI Startup That Cuts Finance Grunt Work By 40% And Slashes Month-End Close In Half originally appeared on Benzinga.com But while it's a tough situation for those impacted, shutdowns tend to end relatively quickly and markets usually take them in stride. What I briefly want to remind investors is that unlike government shutdowns, tariffs won't be going anywhere. Banking stocks posted mild gains after Fed minutes suggested a cautious approach to rate hikes. Finance and investing consensus sees stable net interest margins aiding Q2 profitability.