While you were sleeping: US housing shows strength

Tue, 16 Jun 2015

By Margreet Dietz June 17 (BusinessDesk) - Wall Street moved higher as US Federal Reserve policy makers began their two-day meeting amid further evidence of a recovery in the nation’s housing market, while the battle between Greece and its international creditors simmered. On Wednesday Chair Janet Yellen is to hold a press conference. Investors are eyeing clues about interest rate increases. "A September hike has been priced in by the market but investors are more keen on seeing the pace of the hike," Eric Wiegand, senior portfolio ma...

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