Stocks fall after agency cuts Portugal debt rating
NEW YORK — Major stock indexes fell from their 2010 highs today as weakness in the housing market and rising European debt loads revived investors’ pessimistic view of the economy. The Dow Jones...
View ArticleStocks rise again; Dow up for 8th straight week
NEW YORK — Stocks rose today after a strong report on new home sales offset mixed news from corporate earnings reports. The market was held in check for much of the day after Greece decided to tap a...
View ArticleHome prices rise for first time in 7 months
NEW YORK — Home prices in April rose for the first time in seven months as government tax credits bolstered the housing market. But the rebound may be short-lived now that the incentives have expired....
View ArticleGood news gives Dow third straight triple digit gain
NEW YORK – The Dow Jones industrial average gained more than 100 points for the third straight day Monday after investors got some unexpected good news about the economy. A report on the housing market...
View ArticleHome construction surges 10.5 percent in August
WASHINGTON — Home construction increased last month and applications for building permits also grew. The gains were driven mainly by apartment and condominium construction, not the much larger...
View ArticleHomebuilder sentiment index unchanged in January
LOS ANGELES — U.S. homebuilders remain discouraged over the prospects for improved home sales in the months ahead, unconvinced as yet that the economy will spur the kind of job growth needed to coax...
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