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Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers.
Home resales far exceeded expectations last month, surging to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit. The National Association of Realtors says sales rose 10.1 percent to a seasonally adjusted annual rate of 6.1 million in October, from a downwardly revised pace of 5.54 million in September.
Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers. Analysts had been expecting a 1.4 percent increase in sales. Stocks had been rising sharply prior to the report as the dollar weakened. The falling ...
Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers. Analysts had been expecting a 1.4 percent increase in sales. Stocks had been rising sharply prior to the report as the dollar weakened. The falling ...
Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers. Analysts had been expecting a 1.4 percent increase in sales. Stocks had been rising sharply prior to the report as the dollar weakened. The falling ...
Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers. Analysts had been expecting a 1.4 percent increase in sales. Stocks had been rising sharply prior to the report as the dollar weakened. The falling ...
Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers. Analysts had been expecting a 1.4 percent increase in sales. Stocks had been rising sharply prior to the report as the dollar weakened. The falling ...
M - Hewlett-Packard Co. releases fourth-quarter financial results. - National Association of Realtors releases existing-home sales for September. T - Standard & Poor's/Case-Shiller releases its September and third-quarter index of home... National Association of Realtors - Standard & Poor - Hewlett-Packard - Business - Dow Jones Industrial Average
Nov. 23 (Bloomberg) -- Sales of existing U.S. homes increased more than forecast in October to the highest level since February 2007, spurred in part by a tax credit that lured first-time buyers.
Nov. 23 (Bloomberg) -- Sales of existing U.S. homes increased more than forecast in October to the highest level since February 2007, spurred in part by a tax credit that lured first-time buyers.
Nov. 23 (Bloomberg) -- Sales of existing U.S. homes increased more than forecast in October to the highest level since February 2007, spurred in part by a tax credit that lured first-time buyers.
(Reuters) - U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500, Dow Jones and Nasdaq 100 up 0.8 to 1 percent.
NEW YORK (AP) — Stocks are surging as a report showing a big jump in home sales renews the market's optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers.
Retail gasoline prices headed downward to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.
Nov. 23 (Bloomberg) -- Stocks rose around the world, commodities advanced and the dollar and the yen fell as sales of U.S. homes increased more than forecast and speculation grew that central banks will keep interest rates near record lows.
A weaker dollar and better-than-expected data on the housing market sent investors moving back into stocks Monday after a three-day losing streak.
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