The stock market flicked between small gains and losses after the government reported a plunge in new-home sales. A boom in housing has supported this year's rally in stocks. Now, the drop in sales ... more 
The stock market flicked between small gains and losses after the government reported a plunge in new-home sales. A boom in housing has supported this year's rally in stocks. Now, the drop in sales has traders worried that the U.S. housing recovery could falter because of higher mortgage rates. Thirty minutes into the crippling outage that hobbled the Nasdaq stock market on Thursday afternoon, stopping all trading in $5.9 trillion worth of U.S. equities, exchange officials had the problem fixed. Most of the 191 minutes that the exchange was dark was spent in sometimes frantic conversation with scores of banks, brokers, investment companies and rival exchanges that wanted the Nasdaq's assurance that a restoration of trading would be orderly and not lead to panic. less 
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Wochit
Fri, Aug 23, 2013 1:53 PM EDT