Good evening and welcome to Markets Desk, your close of business briefing on the stories moving markets and policy today.
The Senate has passed legislation restricting institutional investors from purchasing single-family homes, aligning with President Trump's earlier pledge to block large funds from competing with individual homebuyers. The bill marks a significant policy shift that could reshape residential real estate dynamics, particularly in markets where institutional ownership has driven up prices and squeezed inventory for ordinary buyers.
Shifting to tech infrastructure, Nvidia is unveiling a new data center design it says will dramatically reduce artificial intelligence's water consumption. The announcement addresses growing community opposition to data centers, which have been linked to contaminated water supplies, low pressure, and unauthorized usage in towns across the country. Nvidia is positioning the solution as central to sustainable AI scaling.
And in agricultural commodities, soybeans closed mixed on Monday with most front months steady to down seven cents, while deferred contracts edged fractionally higher. The cmdtyView national average cash bean price settled at ten dollars sixty-four and a quarter, off nearly seven cents on the session. Soymeal futures were similarly split, reflecting cautious positioning across the complex.
That's the tape. Markets Desk, signing off the floor.
