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Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car company according to financial filings published late Tuesday.

The National Association of Realtors’ (NAR) Pending Home Sales Index dropped 2.2% in November from the prior month, missing analyst expectations. The index, which tracks the number of homes that are under contract to be sold, serves as a leading indicator of the housing market's health.

The U.S. trade deficit in goods ballooned to a record in November as imports soared and exports fell. The Commerce Department reported that the goods trade deficit expanded by 17.5% last month to $97.8 billion from $83.2 billion in October. The new figure tops the previous record deficit of $97 billion posted in September. Goods exports declined 2.1%, while imports rose by 4.7%.