December pending home sales index rose 4.9 pct
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Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market.
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US shoppers are starting to get into the holiday spirit, with indices on Tuesday showing sales picking up with only 10 shopping days until Christmas.
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Stocks rose on Monday, lifted by news Merrill Lynch  plans to sell a lending unit and with investors eyeing retailers as the busy holiday shopping season draws to a close.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, said December sales at US stores open at least a year are rising within its forecast as shoppers stepped up holiday spending.
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Stock futures edged higher on Thursday after a report by a private employment service showed the private sector added 40,000 jobs in December, not far from analysts' expectations.
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U.S. mortgage applications rose last week, with both new purchases and refinancings driven up by the lowest long-term home loan rates since early December, an industry trade group said on Wednesday.
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The pace of growth at U.S. factories  picked up in December, boosted by an increase in new orders and  despite a decline in employment, a report showed on Monday.
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The pace of growth at U.S. factories picked up in December, boosted by an increase in new orders and despite a decline in employment, a report showed on Monday.
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US demand for natural gas this winter is expected to increase 4.4 percent from last year, and prices should be higher even though inventories will be near record levels at the start of the heating season, a industry trade group said
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Stock index futures rose on Tuesday before data on new home sales, which is expected to show a decline in May.
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WASHINGTON - U.S. incomes and spending rose as expected in December, while core consumer prices gained less than anticipated, suggesting inflation is contained, a government report showed on Thursday.
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U.S. chain store sales rose for the fourth consecutive week, but the last-minute Christmas rush was not enough to make up for many retailers' subpar pre-Christmas performance, a report said on Tuesday.
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Inventories at U.S. wholesalers rose a smaller-than-expected 0.4 percent in December as sales of durable goods like cars and furniture accelerated, the Commerce Department said on Wednesday.
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U.S. stocks were up slightly on  Thursday in light trading ahead of the Christmas holiday amid a  year-end rally.
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WASHINGTON - U.S. incomes and spending rose as expected in December, while core consumer prices gained less than anticipated, a government report showed on Thursday.
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U.S. stocks were slightly higher on  Thursday after retailers reported a mixed bag of December  sales, while weekly jobless data caused some concern.
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U.S. retail sales jumped a  larger-than-expected 1.2 percent in December as lower gas  prices left shoppers with more cash to spend, while cheaper oil  also pulled down import prices more than anticipated,  government reports showed on Thursday.