Stocks trade mixed after durable goods orders, new home sales lag behind expectationsNEW YORK — Stocks seesawed in a tight range Friday after disapppointing reports on durable goods orders and new home sales further dampened enthusiasm about the state of the economy. Durable goods orders, new home sales in August disappoint, signal bumpy recoveryWASHINGTON — Orders for durable goods like aircraft and electronics fell unexpectedly in August, while sales of new homes rose less than expected. The weak reports renewed concerns about whether the economy can sustain a recovery with consumer spending held back by job losses, tight credit and falling home values. Stocks trade mixed after weaker-than-expected reports on durable goods orders, new home salesNEW YORK — Stocks seesawed in a tight range Friday after weaker-than-expected reports on durable goods orders and new home sales touched off worries about the strength of the economy. New home sales in August inch up 0.7 percent, but results miss Wall Street expectationsWASHINGTON — The housing market is making a comeback, but it’s not impressing anybody. New home sales rose a tepid 0.7 percent last month, missing Wall Street expectations. Stocks mixed in early trading after unexpected slide in durable goods ordersNEW YORK — Stocks are zigzagging following a report that new home sales edged higher in August but fell short of economists’ expectations. Stocks fall modestly in early trading after unexpected decline in durable goods ordersNEW YORK — Stocks are falling in early trading after a worse-than-expected report on durable goods orders dampened hopes for a strong economic recovery. Homebuilder KB Home loses $66M in fiscal 3rd-qtr, misses Wall Street’s estimatesLOS ANGELES — KB Home posted a smaller third-quarter loss on Friday as new home orders increased and the builder cut costs. Stock futures point to modestly higher opening as investors try to end 2-day losing streakNEW YORK — Stock futures pointed to a modestly higher open Friday as investors try to shake a two-day losing streak. Asian markets fall as US housing data, sliding oil prices drag on sentiment; Tokyo off 2.5 pctHONG KONG — Asian stock markets dropped Friday as signs the U.S. housing market was still suffering reinforced concerns about a weak recovery in the world’s largest economy. Lost documents, long wait times for mortgage servicers could derail help on mortgagesPHILADELPHIA — It all comes down to details: The success of the federal government’s attempts to keep homeowners from defaulting on their mortgages appears to hinge on small things such as a servicer not losing a customer’s documentation. US home resales take dip in August, ending 4-month winning streakWASHINGTON — Four steps forward, one step back. Lost documents, long wait times for mortgage servicers could derail TARP help on mortgagesPHILADELPHIA — It all comes down to details: The success of the federal government’s attempts to keep homeowners from defaulting on their mortgages appears to hinge on small things such as a lender not losing a customer’s documentation. Treasury prices climb amid stock decline and as 7-year note auction comes in strongNEW YORK — Treasury prices continued to climb Thursday as investors sold out of stocks and after strong demand at the government’s latest debt auction. Disappointing housing sales data, analyst report weigh on homebuilder sharesBOSTON — Stocks of homebuilders slipped Thursday after a fresh batch of housing data showed disappointing August sales, and a Citi Investment Research analyst suggested homebuilder stocks may be too expensive. Stocks extend prior day’s losses amid surprising drop in home sales, sinking oil pricesNEW YORK — Investors pulled away from stocks after an unexpected drop in home sales and a slide in oil prices fanned worries about the pace of the economy’s recovery. Stocks reverse early gains, move slightly lower after surprising drop in home salesNEW YORK — A surprising drop in home sales sapped early gains in the stock market Thursday. US home resales down 2.7 percent in August, ending four-month winning streakWASHINGTON — Home resales dipped unexpectedly last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile. Stocks moderately higher after data on labor market, ahead of home sales reportNEW YORK — More good news about the jobs market is pulling investors back into the market. US stock futures slightly higher after data on labor market, ahead of G-20 meetingNEW YORK — Stock futures are indicating a slightly higher opening on Wall Street Thursday after investors got more good news about the jobs market. US stock futures decline as investors await data on jobs, housingNEW YORK — Stock futures are slightly lower Thursday as investors wait for more clues on how the economy is faring ahead of data on jobs and housing. US stock futures little changed as investors await data on jobs, housingNEW YORK — Stock futures are little changed as investors wait for more clues on how the economy is faring. Dissecting the facts in Michael Moore’s new film ‘Capitalism: A Love Story’NEW YORK — Despite the title of his new movie, Michael Moore really hates capitalism. He says it’s a scheme for businesses to profit at the expense of the little guy. ALL BUSINESS: Dissecting the facts in Michael Moore’s new film ‘Capitalism: A Love Story’NEW YORK — Despite the title of his new movie, Michael Moore really hates capitalism. He says it’s a scheme for businesses to profit at the expense of the little guy. Fed pushes $1.45 trillion housing market plan into 2010; mortgage rates expected to stay lowWASHINGTON — Signaling confidence in a recovery, the Federal Reserve decided Wednesday to stretch out the pace of a program intended to lower mortgage rates and prop up the housing market. Recession’s impact: Census data show longer commutes, delayed marriage, fewer immigrantsWASHINGTON — A broad survey of Americans has provided striking measures of the recession’s effect on life at home and at work: People are now stuck in traffic longer, less apt to move away and more inclined to put off marriage and buying a house. Census numbers show Asians suffered sharpest drop in homeownership last yearLOS ANGELES — Asians, many of them living in foreclosure-ravaged California, suffered the sharpest drop in homeownership last year, eclipsing declines felt by whites, blacks and Hispanics, according to new Census data. Investors turn attention to Fed meeting for guidance on the economyNEW YORK — If the stock market’s seemingly unstoppable march higher is to be believed, the economy is firmly on the road to recovery. Several key events on the economic calendar this week may help determine whether that conviction holds up. At meeting this week, Fed policymakers likely to maintain aid programs to boost economyWASHINGTON — With the economy starting to rebound but still fragile, Federal Reserve policymakers this week are expected to keep emergency programs to encourage spending and borrowing intact. But to avoid unleashing inflation later on, they are likely to consider ways to rein in programs designed to keep mortgage rates down and get banks to lend more freely. Government not promising big results for new mortgage relief effortWASHINGTON — Dial back the pie-in-the-sky projections. Banks reduce emergency borrowing from Federal Reserve as credit stresses easeWASHINGTON — Banks reduced their borrowing from the Federal Reserve’s emergency lending facility over the past week, and cut back their use of other programs designed to ease the financial crisis. |
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