text:  I'm Susan Lee, and this is the Fox Business Report. Stocks are under pressure as investors wait for an update on the gross domestic product for the first quarter tomorrow and an inflation reading for May on Friday. New home sales plunged last month, down 11.3% to the lowest level since November. It's a sign that demand continues to slump because of high mortgage rates. Compared with a year ago, sales were down 16.5%.