02/18/2026
FINDING ITS FOOTING…Markets fluctuated throughout the week as traders weighed fresh inflation data and upcoming Federal Reserve signals. Major indexes finished mixed but remained near recent highs.
Some caution came from inflation readings that showed progress but not enough to eliminate uncertainty about the timing of future policy moves. Investors continue watching economic data closely.
The broader economy remains resilient. Consumer spending has held firm and jobless claims remain low, reinforcing confidence as housing activity gradually builds toward spring.
The week ended with the Dow down 1.2%, to 49,452; the S&P 500 down 1.4%, to 6,833; and the Nasdaq down 2.1%, to 22,597.
Bond prices strengthened overall, with the 30-Year UMBS 5.0% up approximately an eighth of a point for the week, as Treasury yields moved lower following CPI data. Freddie Mac reported minimal movement in the national average 30-year fixed mortgage rate.
DID YOU KNOW…February is when new listings begin to ramp up ahead of peak spring activity, meaning selection often improves before competition does.
Andy Rose
