While you were sleeping US home prices rise

Tue, 24 Sep 2013

Sept. 25 (BusinessDesk) – Wall Street was mixed as investors weighed reports underpinning the recovery in the US housing market, with signs rising mortgage rates might curb home buyers' appetites and consumer confidence remains weak. In late afternoon trading in New York, the Dow Jones Industrial Average slipped 0.11 percent. The Standard & Poor's 500 Index rose 0.16 percent, and the Nasdaq Composite Index gained 0.47 percent. Shares of JPMorgan Chase fell, last down 1.4 percent, for the biggest percentage decline in the Dow, while those o...

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