Wall Street News

Wall Street News

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U.S. markets up today, because…Click to find out!!

Summary:

  • U.S. stocks rose today because data on durable goods orders, sales of new homes and consumer confidence all EXCEEDED EXPECTATIONS!

 

  • Housing stocks were among the strongest of the day after the data and also after Lennar Corp (LEN.N) posted strong results, pointing to a solid housing recovery. The stock rose 0.7 percent to $35.23 while the PHLX housing sector index (.HGX) climbed 1.4 percent.

 

  • All 10 industry sectors on the S&P 500 ended up, led by gains in financials and energy shares.
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June 25, 2013

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