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Markets Continue To Rally As The Dow Closes Above 17,000
Tuesday, October 28, 2014 - 3:44pm | 1552Read More...U.S. stocks continued to charge forward as the Dow closed above the 17,000 mark as consumer confidence rose more than expected in October. The Federal Reserve gathered Tuesday and will release a statement on Wednesday at 2:00 p.m. ET. It is not a foregone conclusion that the Federal Reserve...
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Financials, Bond And Housing ETFs To Watch This Week
Monday, August 25, 2014 - 8:20am | 495Read More...Markets are firing on all cylinders after recently making new all-time highs. Here are the ETFs to watch for the week of Monday, August 25, 2014: Financial Select Sector SPDR (NYSE: XLF) The financial sector benchmark ETF finally broke out to new highs after Bank of America (NYSE: BAC)...
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Market Wrap For May 27: S&P 500 Closes At New Record High After Holiday Weekend
Tuesday, May 27, 2014 - 3:48pm | 1979Read More...U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 3:43pm | 3331Read More...U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Housing Sector: ETF Or Stocks? (ITB, XHB, DHI)
Tuesday, March 25, 2014 - 1:17pm | 602Read More...After outperforming the first two months of the year, the home building stocks have been falling apart in March as investors begin to second-guess the housing recovery. The 10 percent pullback in the SPDR S&P Homebuilders ETF (NYSE: XHB) from a multi-year high could either be...
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New Home Sales Climb Faster Than Forecast, Easing Rate Rise Fears
Tuesday, June 25, 2013 - 9:44am | 402Read More...Following the strong Case-Shiller Home Price Index report for April and other strong data on the housing market, New Home Sales for May rose faster than expected, new data released Tuesday showed. The flood of housing related data boosted homebuilder stocks in early Tuesday trade. New Home Sales...
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Home Prices Rise In April At Record Rate
Tuesday, June 25, 2013 - 9:10am | 599Read More...Home prices rose in April at a record rate, new data released Tuesday showed. The Case-Shiller Home Price Index and the FHFA Home Price Index both showed continued improvements in prices in April. Price Gains In April, the Case-Shiller Home Price Index of the 20 largest cities revealed that prices...
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Weekly Preview: Economic Data Takes Center Stage In Earnings Lull
Friday, June 21, 2013 - 3:02pm | 2294Read More...Next week, key economic data points will be the focus of markets as the end of quarter earnings lull comes to an end. However, a few key earnings reports are expected and could also move markets. Key Earnings Earnings from key companies next week including Lennar (NYSE: LEN), General Mills (NYSE:...
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Benzinga Market Primer: Tuesday, March 26
Tuesday, March 26, 2013 - 5:19am | 829Read More...Futures Slightly Higher Despite Euro Fears U.S. equity futures were slightly higher in early pre-market trade despite fears emanating from the eurozone over a new bailout template laid out by Cyprus. Comments from Eurogroup Finance Minister Jeroen Dijsselbloem sent markets lower Monday after he...
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Benzinga Market Primer: Tuesday, February 26
Tuesday, February 26, 2013 - 6:33am | 958Read More...Futures Rise After Losses, Italian Elections U.S. equity futures gained in the pre-market after massive losses Monday following the turmoil over the Italian elections. It appears as though no majority will be formed and that Italians will need to go back to the polls to try to elect a majority...
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SHILLER: I Am Not Convinced of a Turnaround in Housing
Monday, March 26, 2012 - 6:39am | 134Read More...Robert Shiller, Yale University Professor of Economics and co-founder of the Case-Shiller Index, appeared on CNBC's Squawk Box this morning, where he expressed his doubts on whether we have seen the bottom in housing prices. "We did notice for the last for months that prices have been falling....
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Previewing Case-Shiller
Monday, November 28, 2011 - 4:49pm | 222Read More...On Tuesday the Case-Shiller on home prices in the US will be released. All the data is set to be released at 9am, and may give market participants a look at how the US economy is fairing—at least from the perspective of home prices. The S&P/Case-Shiller Composite-20 Year over Year for the...
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To Rent Or To Buy: That Is The Question
Tuesday, August 16, 2011 - 9:31am | 840Read More...Nobody wants to own a home anymore, or it at least seems that way. Since the housing bubble burst in the middle of last decade, new home sales have continued to drop, and the U.S. economy is much worse off because of it. Housing is a major portion of the economy, and with housing in a slump, the...
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Is The Housing Sector Starting To Turn Around?
Thursday, July 28, 2011 - 1:13pm | 499Read More...We've recently seen some better than expected news out of the housing sector, with homebuilders getting a boost this morning on better than expected housing starts. Are we starting to see a turnaround? This morning we saw pending home sales rise 2.4% in June, which handily beat economists...
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Case-Shiller Very Ugly (XHB)
Tuesday, December 28, 2010 - 9:06am | 52Read More...The Case-Shiller Home Price Index was just released for October and it was terrible. The reading showed a drop of 0.99%, versus a consensus estimate of 0.6% decline. The SPDR S&P Homebuilders ETF (NYSE: XHB) is not trading actively in pre-market trading on the news.
