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By Anthony Lazzara |
April 29, 2013
Nasdaq has actually broke through its 2013 high, and is today up 1.05% to 2860. We would not be surprised to see the technology companies be the new leaders of the market and propel the Nasdaq higher.
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By Shobhana Chandra, Bloomberg |
April 29, 2013
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated as the biggest part of the economy softens this quarter.
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By Alex Kowalski, Bloomberg |
April 29, 2013
More Americans than forecast signed contracts in March to buy previously owned homes, another indication of progress in the housing market.
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By Alex Kowalski, Bloomberg |
April 23, 2013
Purchases of new U.S. homes rose in March, capping the best quarter for the industry since 2008 and providing more evidence the housing recovery will be sustained.
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By John Gittelsohn, Bloomberg News |
April 23, 2013
U.S. house prices rose 7.1% in the year through February, the Federal Housing Finance Agency said, indicating a solidifying recovery as buyers compete for properties amid tight inventory.
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By Debarati Roy and Susanne Walker, Bloomberg |
April 22, 2013
Gold climbed for a fifth day, the longest rally of the year, amid growing demand the metal following the biggest price slump in three decades. Oil rose and energy and raw-material producers led U.S. stocks higher.
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By Anthony Lazzara |
April 22, 2013
All major grain markets are down this morning. It seems as though reports of favorable weather conditions in growing regions are pushing these markets down.
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By Alex Kowalski, Bloomberg |
April 22, 2013
Sales of previously owned U.S. homes unexpectedly dropped in March, showing uneven progress in the industry.
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By Susanne Walker and Neal Armstrong, Bloomberg |
April 19, 2013
Treasury 10-year notes fell for the first time in three days as the Group of 20 nations debated ways to boost global growth, reducing demand for the safest securities.
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By Carlos Torres and Catarina Saraiva, Bloomberg |
April 11, 2013
Bearish forecasts for the U.S. economy are giving way to more optimistic views of the nation’s ability to weather federal spending cuts and tax increases.
