While you were sleeping: US housing recovers

Tue, 21 Oct 2014

By Margreet Dietz Oct. 22 (BusinessDesk) - Wall Street advanced, up more than 1 percent, amid better-than-expected data on existing US home sales, and solid corporate earnings including from Apple. In afternoon trading in New York, the Dow Jones Industrial Average rose 1.13 percent, the Standard & Poor’s 500 Index climbed 1.61 percent, while the Nasdaq Composite Index advanced 1.90 percent. Gains in shares of Chevron and those of 3M, last up 2.5 percent and 2.3 percent respectively, led the Dow higher. Shares of Apple gained, last...

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