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High after stocks rallied following the Federal Reserves decision yesterday to stand pat on Interest Rates. Gold and crude also rose. Bond yields fell as did the dollar. Investors were also trying to make sense of the positive report on the labor market and also the disappointing housing numbers. So the Dow Jones Industrial ga 18,392. The nasdaq added 44 to an alltime high of 5,339. And the s p 500 was up 14. More now on that report on housing, which may be showing some new signs of weakness. Sales of existing homes in august declined unexpectedly. Down. 9 to the lowest level since february. Realtors say theres a simple reason. There just arent enough homes to buy. Diana olick has reporter doug sterling is house hunting in l. A. Im a glutton for punishm reporter but he has no illusions of an easy search. Its fierc ....
Mood. The nasdaq closed at an alltime high after stocks rallied following the Federal Reserves decision yesterday to stand pat on Interest Rates. Gold and crude also rose. Bond yields fell as did the dollar. Investors were also trying to make sense of the positive report on the labor market and also the disappointing housing numbers. So the Dow Jones Industrial ga 18,392. The nasdaq added 44 to an alltime high of 5,339. And the s p 500 was up 14. More now on that report on housing, which may be showing some new signs of weakness. Sales of existing homes in august declined unexpectedly. Down. 9 to the lowest level since february. Realtors say theres a simple reason. There just arent enough homes to buy. Diana olick has reporter doug sterling is house hunting in l. A. Im a glutton for punishm reporter but he has no ....
Now the markets, after session lows down across the board, 1. 5 . The falling price of oil is bringing down energy stock. 1. 4 . P 500 is down the nasdaq is down 1. 6 . We did get good u. S. Retail sales data and Consumer Sentiment. As well as lower unemployment numbers. That is not to turn this around. For every one stock of, 8 stocks are down. For the week on this friday, the worst performance since november 13, we are down by 3. 5 and 70 points. The index is going 20 six sessions without back to back games. The record is 28 days. That was set in 1970 him and he hit it in april of 1994 and again this march. Two more days and we will tie it again. Three days, and it will be a new record. Oil, a lot of superlatives in the market. Nymex crude is down 2. 9 . It is down for the sixth day in a row. This is its longest losing streak since march. It is the lowest since february of 2009. Natural gas is falling, it had broken below th ....
Electric, goldman sachs, United Health care, representing three very distinct and vital parts of the American Economy gave us a pretty good idea how the economy shaped up in the First Quarter and what may lie ahead. Profits in General Electric made it the best today. Goldman sachs beat closing in the green, but for United Health care, its shares were sent slightly lower. But that is only part of the story, Mary Thompson has more. Reporter First Quarter profits fell in all three thursday, General Electric still managed to win, thanks to strength ....