The Dow Jones Industrial Average
Index |
Change |
Ending Value |
---|---|---|
Dow Jones Industrial Average | -45.57 [-0.35%] | 13,124.62 |
S&P 500 |
+5.58 [-0.19%] | 1,402.89 |
The news this morning was not exactly bad, but not exactly good. January existing-home sales were bumped to a seasonally adjusted 4.63 million, up from a report of 4.57 million last month. February home sales were down month over month and slightly below analyst forecasts; however, existing-home sales were still at their highest levels of the past five years.
While sales were slightly down, other data out this week points to an improving picture in the housing market. Yesterday in a joint release, the Census Bureau and the Department of Housing and Urban Development reported that building permits rose 5% in February. Investors will get more housing news later this week, with the Federal Housing Finance Agency's home-price index coming out tomorrow at 10 a.m. and data on new-home sales on Friday.
Top winner
Home Depot
Top loser
Hewlett-Packard
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