Stocks rebound on home prices, earnings; Dow up 99
Published: February 5, 2013
Leave a comment
NEW YORK (AP) — The stock market gained back most of what it lost the day before following several strong earnings reports and a surge in home prices.
Advertisement
The Dow Jones industrial average rose 99 points to close at 13,979 Tuesday. It lost 129 points the day before.
The Standard & Poor's 500 index rose 15 points to 1,511. The Nasdaq composite rose 40 points to 3,171.
U.S. home prices rose in December at the fastest pace in more than six years, according to the real estate data provider CoreLogic.
Several companies also reported strong earnings, including Kellogg, Computer Sciences Corp. and Archer Daniels Midland.
Rising stocks outnumbered falling ones two-to-one on the New York Stock Exchange. Volume was average at 3.5 billion shares.
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
A Fruit That Burns Fat?
Celebrity Doctor Reveals Fat Blasting Fruit. Results Will Shock You...
PureRaspberryKetone.com
Celebrity Doctor Reveals Fat Blasting Fruit. Results Will Shock You...
PureRaspberryKetone.com
New Rule in MISSOURI:
(MAY 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com
(MAY 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com
Prev
