Some of Tuesday's midday movers:» Read More
Some of Monday's midday movers:
Consumer confidence at highest level since January 2008. WASHINGTON, June 24- U.S. consumer confidence jumped to its highest level in nearly 6-1/ 2 years in June and sales of new homes surged in May, the latest signs that the economy has regained momentum.
Take a look at some of Tuesday's midday movers.
Americans increasingly say they prefer to live near the centers of cities and towns, but it carries a costly trade-off.
For the second year in a row, selling in May hasn't panned out the way people thought it would.
*Hewlett-Packard shares soar after announcing job cuts. NEW YORK, May 23- The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.
NEW YORK, May 23- The S&P 500 was on track for a record closing high on Friday, boosted by a better-than-expected reading on the housing market, which gave a lift to homebuilding stocks. Shares of Lennar Corp, the second-largest U.S. homebuilder in terms of revenue, shot up 3.4 percent to $40.33.
WASHINGTON, May 23- Sales of new U.S. single-family homes rose in April and the stock of houses on the market hit a 3-1/ 2 year high, but economists said the market was still not clearly gaining steam.
*Hewlett-Packard's revenue misses Wall St estimates. Among momentum names, noted for high growth and perceptions of excessive valuation, Vertex Pharmaceuticals shares shot up 6 percent to $71.18, while Alexion Pharmaceuticals rose 2.5 percent to $160.48.
Some of Thursday's midday movers:
Affordable homes are still drowning disproportionately. They are three times more likely to be underwater than expensive home, says Zillow.
*Cisco falls 1 percent, weighs on the Nasdaq. NEW YORK, May 13- The Dow and the S&P 500 eked out record closing highs again on Tuesday, while the Nasdaq resumed its recent slide, dragged down by shares of Cisco.
*Cisco falls 1 percent, weighs on the Nasdaq. Homebuilders' shares gained and the common stock of mortgage finance giants Fannie Mae and Freddie Mac jumped as Federal Housing Finance Agency Director Mel Watt laid out new policies that could make it easier for many Americans to obtain mortgages.
"Technically new highs are usually a bullish event, but we're not seeing news to really inspire people, so we're holding in here at these new highs," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.
*S&P 500 rises above 1,900 for the first time. NEW YORK, May 13- U.S. stocks rose modestly on Tuesday, with the Dow and S&P 500 both inching to record levels despite economic data that painted a mixed picture of the economy.
CNBC's Diana Olick reports DR Horton announced a new bargain brand targeted at the entry-level buyer.
The "Fast Money" traders share their final trades of the day.
*D.R. Horton shares rise 9 pct, PulteGroup 4 pct. April 24- D.R. Horton Inc and PulteGroup Inc, the two biggest U.S. homebuilders, said a tight supply of homes is helping them to raise prices, suggesting that the market is regaining strength ahead of the crucial spring selling season.
Bouyed by higher-end homes, D.R. Horton turns the tables by announcing it will now also focus on the entry-level market.
Investors liked what they saw in Facebook and Apple, but Wall Street fell after a slew of earnings and data couldn't sustain the bounce.