Austin recorded 1,005 home sales in July, up 11% from a year earlier, while the city's median home price fell to $577,000.

July’s home sales fell 1.7% in July to a seasonally adjusted annual rate of 4.06 million and were worse than economists’ expectations. Commodity traders seemed to see it coming. Lumber

Existing home sales were down 1.7% over the previous month, and the median home price rose to $434,100, a near record high.

Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in more than a year prove to be an insurmountable hurdle for many prospective homebuyers

U.S. stocks are slipping below recent records, while oil prices keep swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The S&P 500

Wall Street is modestly lower in premarket trading and oil prices settled despite lingering uncertainty about when the Strait of Hormuz will reopen to the global flow of oil again. Futures for the S&P 500 ticked up 0.

Shares were mixed in Asia, while oil prices gained more than 2% after jumping the day before due to uncertainty over when the Strait of Hormuz may reopen, getting the global flow of crude going again.

US President Donald Trump made sweeping new demands on Iran after Tehran reiterated requests for reparations as part of talks to wind down the conflict, dimming hopes of a quick deal that would reopen the Strait of Hormuz.

Repay Holdings expects full-year revenue in the range of $490 million to $500 million. This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock

The Buenos Aires, Argentina-based bank said it had earnings of 10 cents per share. Earnings, adjusted for non-recurring costs, came to 29 cents per share. The results topped Wall Street expectations.

Ur Energy Inc. (URG) on Monday reported a loss of $16.7 million in its second quarter. On a per-share basis, the Casper, Wyoming-based company said it had a loss of 4 cents. The results did not meet Wall Street expectations.

SOUTH SAN FRANCISCO, Calif. (AP) — Theravance Biopharma Inc. (TBPH) on Monday reported a loss of $5.9 million in its second quarter.

The launch and space systems company narrowed its loss and reported rising revenue as it ended its second quarter with a backlog of $2.36 billion, up 137% year-over-year.

Rocket Lab (RKLB-3.37%) just delivered its strongest quarter on record, but the stock fell around 7% in pre-market trading. Despite beating on revenue, the adjusted loss of $0.08

Shares of the SpaceX rival have risen nearly 80% over the past year on higher revenue and a growing backlog of orders.

Rocket Lab (NASDAQ:RKLB) shares came under pressure after the space technology company reported quarterly results that highlighted strong revenue growth but disappointed Wall Street on earnings and its profitability outlook.