EmailStock Market Update
Market Snapshot
| Dow | 13900.63 | +116.46 | (0.84%) |
| Nasdaq | 3133.08 | +16.83 | (0.54%) |
| SP 500 | 1497.55 | +9.70 | (0.65%) |
| 10-yr Note | -7/32 | 1.890 | |
| NYSE | Adv 1974 | Dec 755 | Vol 112.1 mln |
| Nasdaq | Adv 1566 | Dec 605 | Vol 246.5 mln |
Industry Watch
| Strong: Consumer Discretionary, Industrials, Materials |
| Weak: Consumer Staples, Technology |
Moving the Market
 |
January durable goods orders: -5.2% actual, -3.5% Briefing.com consensus, +3.7% prior Durable goods ex-transportation: +1.9% actual, +0.2% Briefing.com consensus January pending home sales: +4.5% actual, +1.0% Briefing.com consensus, -4.3% prior |
Equities Tick Higher Following Consumer Confidence and New Home Sales
26-Feb-13 10:05 ET
Dow +116.46
at 13900.63,
Nasdaq +16.83
at 3133.08,
S&P +9.70
at 1497.55
[BRIEFING.COM] The S&P 500 has climbed to fresh highs following the latest set of economic data. The benchmark index is currently higher by 0.7%.
New home sales in January hit an annualized rate of 437,000, which was up from December's revised rate of 378,000, and better than the rate of 383,000 that had been broadly expected by the Briefing.com consensus. The SPDR S&P Homebuilders ETF (XHB 27.50, +0.53) moved to fresh highs in reaction to the data.
The latest consumer confidence reading for February came in at 69.6, while economists polled by Briefing.com expected a reading of 62.0. This follows the prior month's revised reading of 58.6.
New home sales in January hit an annualized rate of 437,000, which was up from December's revised rate of 378,000, and better than the rate of 383,000 that had been broadly expected by the Briefing.com consensus. The SPDR S&P Homebuilders ETF (XHB 27.50, +0.53) moved to fresh highs in reaction to the data.
The latest consumer confidence reading for February came in at 69.6, while economists polled by Briefing.com expected a reading of 62.0. This follows the prior month's revised reading of 58.6.
