Some negative news from the US housing sector caused some traders to collect profits from the substantial 2009 equity advance, causing stocks to fall this week. The decline comes on the tail end of recent 13 month highs. The poor housing news included a report that housing starts declined in excess o...
A report released Thursday by the US Labor Department showed initial jobless claims plunged last week to a seasonally adjusted 415,000, from 457,000 the week before. Economists had projected claims would drop to 420,000 in a recent Reuters poll. Read More