Upbeat US homes sales lift shares

uscitizen

uscitizen

Villified User
Upbeat US homes sales lift shares

The markets have dogged by turmoil in recent weeks
US shares reversed opening falls to close up strongly on Friday, after official figures showed an unexpected increase in new home sales in July.

The Commerce Department said sales of new properties rose 2.8% to 870,000 in the year to July. The news saw the Dow Jones finish up 143 points to 13,379.

The rise in sales was unexpected, as the dip in the housing market has been behind the recent stock market turmoil.

http://news.bbc.co.uk/2/hi/business/6961602.stm
 
WOW!!! how undesh/cypress like you posting something positive.
Congrats on crossing over to the real world:clink:
 
LMAO....

The market on resale of overpriced and overfunded homes has begun a crash equal to that of the Great Depression...all the speculators will eat it on this one...sure hope they don't work or live in Highrises!
 
You must log in or register to reply here.
Back
Top