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Financial markets don’t seem pleased by the $940 billion healthcare bill. One morning after the House of Representatives passed the President’s initiative, equity markets are sharply lower. One hour before the open, Dow futures are off 53.00 points to 10,634 and S&P 500 futures are down...
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Equity markets areheading into the weekend on an optimistic note as modest gains have been extended after housing data bolstered sentiment and the Federal Reserve chairman said a global recovery was underway. At 1:30, the benchmark S&P 500 was leading with a 1.66% gain 1,024 after hitting a 2009...
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The final week of May is a big one for the real estate market as housing data dominates the headlines for the next three days. Tuesday sees the Case Shiller report on home prices for March as well as the first quarter; on Wednesday markets will receive the latest data on Existing Home Sales; and on Thursday...
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Existing-home sales had a rough 2006 fourth quarter according to figures released Thursday by the National Association of Realtors. Total existing-home sales including single-family houses, condos, townhouses, and coops were at a seasonally adjusted annual rate of 6.24 million units during the quarter...