While you were sleeping: Home Depot lifts market

Tue, 19 Aug 2014

By Margreet Dietz Aug. 20 (BusinessDesk) - Wall Street gained after a report showed US housing starts rose to the highest level in eight months, while Home Depot posted better-than-expected earnings, bolstering hope that the American real estate market is finally showing signs of an enduring recovery. Shares of Apple rose, last up 1.3 percent at US$100.48, amid growing anticipation for a slew of new products. US housing starts climbed 15.7 percent in July to a better-than-expected 1.09 million annualised rate, the highest level since N...

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