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An up-to-date look at the Financial World

22 Dec

Wall Street advances on optimism about housing sector (Reuters)

Posted in business on 22.12.09

A Star Wars storm trooper walks the floor of the New York Stock Exchange, Tuesday, Dec. 22, 2009 in New York. To celebrate the lasting appeal of the Star Wars saga, Lucasfilm Ltd. executives and the Star Wars characters visited the exchange and rang the opening bell. (AP Photo/Henny Ray Abrams)Reuters – The S&P 500 logged another 14-month high on Tuesday as stocks rallied on a surge in existing home sales, which indicated more stabilization in housing and boosted optimism about the economic recovery.



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