Heard on the Street Recap: Blockade Downgrade

Similarly, oil prices rallied on Sunday evening but gave up some of those gains by Monday afternoon. Existing home sales declined 3.6% in March, getting the crucial spring selling season off to a poor start as the high cost of housing and economic uncertainty held buyers back. Sales of existing homes fell in March to a seasonally adjusted annual rate of 3.98 million, the lowest level since June 2025, the National Association of Realtors said.