Monday, August 18, 2014

Wall Street ends up, real estate reassure – Reuters

Wall Street ends up, real estate reassure – Reuters

NEW YORK (Reuters) – The New Exchange York finished strong rise Monday after a favorable indicator of conditions in the real estate, which has fostered a rebound in equities amid relative easing of geopolitical tensions.

The Dow Jones gained 175.83 points, or 1.06 % to 16838.74 points. The Standard & amp; Poor’s 500-point took 16.68 (+ 0.85%) to 1971.74 points and the Nasdaq Composite rose 43.39 Points (+ 0.97%) to 4508.31 points first closing au above the symbolic

bar 4500 since March 2000

S & amp.; P-500, he costs less than 1% of its all-time high of July 24 (1,991.39 points).

The real estate values ​​have benefited from better than expected sales of the NAHB sentiment index developers, rose for the third month in a row and the highest in January to 55 in August.

The PHLX sector index rose 1.66%. Specialist residential construction PulteGroup took 2.79% and 1.39% DR Horton.

This good news on the economy has overshadowed geopolitical concerns that had influenced the trend last week, especially Friday.

In Ukraine, even if fighting continues in the east, causing casualties among the civilian population, the army seems to contain the rebel advance and Diplomatic efforts are continuing.

Russia announced that all issues for its humanitarian convoy to Ukraine had been resolved without mentioning the possibility of a cease-fire and a political solution.

In Iraq, Kurdish forces in the north said they had resumed the Mosul Dam in the Islamic state with the support of the American army, but an employee of the site has ensured that the jihadists still controlled. Read more …

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