Dollar drops as trade deficit widens in March, median home prices fall; stocks end mixedNEW YORK — The dollar dropped against the euro and the pound Tuesday after a report showed that the U.S. trade deficit rose in March, while home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year. Trade, housing data showing some stability at very low levels; labor market weakness persistsWASHINGTON — Despite weak performances in three areas — trade, home sales and job openings — the U.S. economy appears closer to stabilizing, though at low levels, economists said. Median home prices fall in most metro areas, recovery hinges on first-time buyers, jobs marketWASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market. Wall Street fluctuates after sell-off; investors look for next catalyst for 2-month rallyNEW YORK — Wall Street is back on the defensive. Median home prices fell in 88 percent of US metropolitan areas in first quarter of 2009WASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market. Trade deficit widens in March for first time since July as recession cuts into US export salesWASHINGTON — The U.S. trade deficit rose in March for the first time since last July as the global recession cut sharply into sales of American exports. The politically sensitive deficit with China increased. |
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