US January New Home Sales Surge 7.4% to 682K, Beating 652K Consensus

US new home sales rose a stronger-than-expected 7.4% month-over-month to 682K annualized units in January, topping the 652K consensus, with the prior month revised down to 583K from 635K. This follows May 4th's upside surprise in March factory orders, which climbed 1.5% versus 0.5% expected, core capex ex-aircraft revised to +3.4%, and computers/electronics orders up 3.6%. The sequence of robust manufacturing and housing data underscores economic resilience and AI-driven investment, offering tailwinds to US SP 500 sentiment and related sectors without shifting Fed outlooks.