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October 21, 2017

WASHINGTON — U.S. home sales rose slightly last month as the Houston housing market quickly recovered from Hurricane Harvey. Still, a shortage of available homes is thwarting many would-be buyers and limiting sales.

The National Association of Realtors said Friday existing home sales…


Last-minute rebound lifts S&P 500, Dow to new highs

October 20, 2017

A last-minute surge nudged U.S. stock indexes mostly higher Thursday, barely extending the market’s winning streak and milestone-setting run.

The Standard & Poor’s 500 index and Dow Jones industrial average closed higher for the fifth straight day, each posting new highs. The other…


Home construction tumbles 4.7 percent in September

October 19, 2017

WASHINGTON (AP) — Construction of new homes fell 4.7 percent in September, the biggest decline in six months, reflecting weakness in both single-family activity and apartment building.

The September result left construction at a seasonally adjusted annual rate of 1.13 million units, the…


Dow, S&P 500 hit new highs

October 18, 2017

Gains by health care companies led U.S. stock indexes mostly higher Tuesday, pushing the market further into record territory.

The Dow Jones industrial average briefly climbed above the 23,000 mark for the first time, settling just below the milestone. Slight gains nudged the Dow and Standard &…