Stocks change direction and rise after strong housing sales numbers
Stocks changed direction and rose after existing-home sales unexpectedly picked up in February to an annualized rate of 4.26 million. Weekly jobless claims didn’t increase by as much as expected, and the Philadelphia Fed index dropped by less than estimated, to 12.5 in March from 18.1 last month. Read more...
Stocks changed direction and rose after existing-home sales unexpectedly picked up in February to an annualized rate of 4.26 million. Weekly jobless claims didn’t increase by as much as expected, and the Philadelphia Fed index dropped by less than estimated, to 12.5 in March from 18.1 last month.
