Stock Market Waffles After Big Drop In Home Sales
The stock market flicked between small gains and losses after the government reported a plunge in new-home sales. A boom in housing has supported this year’s rally in stocks. Now, the drop in sales has traders worried that the U.S. housing recovery could falter because of higher mortgage rates.
“Stock Market Waffles After Big Drop In Home Sales” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.