Manufacturing data show recession near bottom; drop in new home sales signals slow recovery

WASHINGTON — New signals the recession could be nearing a bottom emerged Wednesday in figures showing that orders to U.S. factories surged last month for everything from computers to aircraft and that a gauge of business investment rose by the most in nearly five years.

Durable goods orders rise sharply for second straight month in May; new home sales disappoint

WASHINGTON — Orders to U.S. factories for manufactured goods from computers to aircraft surged in May for a second straight month. And a gauge of business investment rose last month by the most in nearly five years. Together, the data Wednesday signal that the recession could be at or near a bottom.

Stock market holds gains despite unexpected decline in new home sales; Fed statement looms

NEW YORK — Stocks are clinging to early gains despite a surprise drop in new home sales.

New home sales unexpectedly drop of 0.6 percent in May as demand for housing remains sluggish

WASHINGTON — New U.S. home sales dipped slightly last month, in another sign that the housing market recovery is likely to be gradual and prolonged.

Home sales stabilizing, but rising mortgage rates, job losses likely to slow housing recovery

WASHINGTON — Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery.

Stocks end mixed as traders await word from the Fed; Existing home sales fail to excite

NEW YORK — Investors are holding off making big moves while they wait for the Federal Reserve.

Dollar slips ahead of Fed interest rate meeting as existing home sales rise less than expected

NEW YORK — The dollar slipped Tuesday ahead of the Federal Reserve’s meeting later this week, despite a report that showed a moderate improvement in home sales.

Stocks end mixed but little changed as investors await statement from Federal Reserve

NEW YORK — Investors are holding off making big moves while they wait for the Federal Reserve.

Existing home sales rise 2.4 percent in May; prices plunge 16.8 percent

WASHINGTON — Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best.

Stocks fluctuate as investors await statement from Federal Reserve; Existing home sales rise

NEW YORK — A rise in existing home sales has done little to revive stocks ahead of the Federal Reserve’s decision on interest rates.

Stocks fall as investors await statement from Federal Reserve; Existing home sales rise

NEW YORK — A rise in existing home sales could not stoke the stock market as investors awaited the Federal Reserve’s decision on interest rates.

Stocks wavers as existing home sales rise; Investors await statement from Federal Reserve

NEW YORK — A moderate improvement in home sales wasn’t enough to get the stock market going again.

Stock market up after existing home sales increase; investors await Fed meeting

NEW YORK — A rise in existing home sales is doing little to stoke the stock market.

Existing home sales rose 2.4 percent in May; prices plunge 16.8 percent

WASHINGTON — Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best.

Stocks rise modestly after Monday’s rout as investors await home sales data, Fed meeting

NEW YORK — Investors are proceeding cautiously after Monday’s big selloff.

Stock market opens narrowly mixed after Monday’s rout as investors await home sales data

NEW YORK — Investors are proceeding cautiously after Monday’s big selloff.

US stock market set for higher open after Monday’s rout as investors await home sales data

NEW YORK — Investors are cautiously upbeat again after Monday’s big selloff.

Falling motor-home sales push Winnebago Industries to $8.6 million loss in fiscal 3rd quarter

NEW YORK — Winnebago Industries Inc., the nation’s biggest motor-home manufacturer by market share, posted a loss of $8.6 million in its fiscal third quarter, as revenue continued to crumble in the face of falling RV sales.

Stocks open lower on worries over labor market, economy following 4-day advance

NEW YORK — Worries about the labor market and the overall health of the economy sent stocks lower early Wednesday.

US stock futures edge lower after 4-day advance as investors await more economic data

NEW YORK — Wall Street headed for a lower open Wednesday amid worries about the labor market and the overall health of the economy.

Bonds rise, pushing yields lower, despite stronger-than-expected gain in pending home sales

NEW YORK — Yields on long-term Treasurys, a key barometer for interest rates on mortgages and other loans, pulled back Tuesday despite a surprisingly large increase in pending home sales.

Stocks add to advance after upbeat housing report; Selling in financials caps market’s gains

NEW YORK — Investors slowed their move into the market from a sprint to a walk.

Stocks push rally to fourth day with modest buying; Selling in financials caps market’s gains

NEW YORK — Investors slowed their move into the market from a sprint to a walk.

Stocks add to gains after three-day rally; Jump in pending home sales boosts investor optimism

NEW YORK — The stock market gingerly extended its gains to a fourth day with little of the fanfare seen over the past week.

Stocks trade in tight range after rally; Jump in pending home sales adds to optimism

NEW YORK — Investors are gingerly adding to their gains a day after rushing into the stock market.

Stocks rise as pending home sales post biggest jump in 8 years; Dow moves into black for 2009

NEW YORK — Investors are gently adding to their gains a day after rushing into the stock market.

Pending US home sales rise more than expected in April, biggest monthly jump in nearly 8 years

WASHINGTON — The number of U.S. homebuyers who agreed to buy a previously occupied home took the largest monthly jump in nearly eight years in April, but there are still plenty of danger signs for the U.S. housing market.

Stocks adance modestly as investors look to hold gains, await data on pending home sales

NEW YORK — Investors are gently adding to their gains a day after rushing into the stock market.

Stocks slip as Wall Street tries to preserve recent gains, awaits data on pending home sales

NEW YORK — U.S. stocks are moderately lower in early trading as markets around the world take a breather from the massive gains logged a day earlier.

FACT CHECK: Housing, jobs data at odds with anecdotes cited in Biden’s first stimulus report

WASHINGTON — In his first quarterly report on the nation’s stimulus package, Vice President Joe Biden uses anecdotes to paint a glowing picture of an economy on the rebound. In reality, the picture is incomplete and the colors far more muted.

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