While you were sleeping US housing, Tiffany sparkle

Tue, 26 Nov 2013

By Margreet Dietz Nov 27 (BusinessDesk) – Wall Street gained as better-than-expected American housing data helped bolster shares of homebuilders while an upgraded profit outlook lifted shares of Tiffany. In afternoon trading in New York, the Dow Jones Industrial Average added 0.16 percent, while the Standard & Poor's 500 Index rose 0.19 percent, and the Nasdaq Composite Index gained 0.56 percent. After disappointing pending home sales data released yesterday, today's report painted a brighter picture for the industry. Building permits climbe...

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