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U.S. stocks moved sharply higher Thursday afternoon as investors took advantage of this week’s big sell-off to add to their holdings. The stock market is rebounding from a sharp six-day slump that was triggered by concerns about the health of the Chinese economy. 599 more words
Existing Homes Sales posted an upside surprise, coming in at a 5.59 million annual rate, hitting their fastest sales pace in eight years.
No one would call today’s housing market a raging success, but it is moving ahead pretty well, considering. Housing Starts went up nicely in July, hitting a 1.206 million annual rate, and they’re now up 10.1% over a year ago. 554 more words