Blackstone said its assets climbed to $1 trillion in the second quarter from $991.3 billion at the end of the first quarter and $940.8 billion a year earlier. Inflows were $30.1 billion in the quarter, with insurance and credit, including real-estate credit, pushing it over the threshold.

Existing home sales decreased 3.3% in June from the prior month to a seasonally adjusted annual rate of 4.16 million. That was the slowest sales pace since January. June sales fell 18.9% from a year earlier.

U.S. inflation eased last month to its slowest pace in more than two years as underlying price pressures cooled.

U.S. crude output this year through April is up 9% from a year ago, on pace for a record-breaking year and helping to keep energy prices stable.

Americans voluntarily left 3.8 million jobs in April. That marked a drop of 700,000 from 4.5 million in November 2021, the highest level on Labor Department records back to 2000.

The overall value of private-equity-backed deals is down over 50% in 2023 versus the prior period, at a three-year low of about $256.7 billion. But the number of transactions has fallen only 4% to 6,458. That is the third-highest year-to-date tally in data going back more than 30 years, showing a resurgence of smaller deals.

Home prices posted their first year-over-year price decline in 11 years in April, as higher mortgage rates made home purchases more expensive for buyers.

The Cboe Volatility Index, or the VIX, has fallen to around 14, near the lowest levels since February 2020.

A survey of 4,500 companies’ return-to-office policies found that nearly 300 require employees to come in on specific days. Of those, just under a quarter ask employees to come in on Mondays, with many more stipulating staff be in the office on Tuesdays, Wednesdays and Thursdays. Just 7% tell employees to come in on Fridays.

The S&P 500 has risen 14% this year, beating an 8.5% advance by the MSCI All Country World ex USA Index, which tracks developed and emerging-market stocks.