Housing, growth worries trip up Wall Street
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U.S. stocks slipped on Monday after data showed the number of unsold homes reached its highest level in more than 15 years in July, adding to concerns about the housing market and consumer spending.
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Mortgage rates around the country climbed this week as Wall Street investors responded to some encouraging signs that the economy is gaining traction.
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Stocks edged lower on Monday as investors worried that weakness in housing threatened to slow the economy and corporate profit growth.
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Stocks rose on Thursday after a Wall Street Journal report that Bank of America  is in talks to buy mortgage lender Countrywide Financial Corp  sent financial stocks higher.
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Stocks edged up on Friday as expectations of an interest rate cut offset a warning by Merrill Lynch that revived concerns about credit conditions and the impact of the weak U.S. housing market.
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U.S. stocks slid on Thursday as worries about bad mortgage debts hit bank shares and a warning from home builder Toll Brothers Inc.  reignited concern about weakness in the housing market.
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U.S. stocks rose further in late afternoon trade on Friday, sending major indexes up more than 1 percent, as investors bet that the market may be finding its feet after weeks of turmoil, while surprisingly strong data eased concerns about the economy.
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Wall Street extended its recovery from last week's big plunge, rising Thursday after several stable sessions helped buttress investor sentiment and allay some concerns about the economy.
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Stocks rose on Thursday after data showed new home sales increased more than economists had expected last month, boosting optimism about economic growth and corporate profits.
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U.S. stocks fell on Monday after data showed the number of unsold homes reached its highest level in more than 15 years in July, adding to concerns about the housing market and consumer spending.
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U.S. stocks opened sharply higher on Wednesday after the government raised its estimate of third-quarter economic growth, calming worries the economy was slowing sharply.
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Stocks jumped on Friday, driving the Nasdaq up 2 percent briefly and S&P 500 up 1 percent, after lender Countrywide Financial Corp.  said it expects to return to profitability this quarter, easing some fears about financial sector losses.
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NEW YORK - Wall Street shifted higher Monday as bargain hunters shrugged off skyrocketing oil prices and bought shares following an upbeat sales report from Wal-Mart Stores and a bright outlook from Lowe's.    The Dow Jones industrial average was up 84.07, or 0.9 percent, at 9,909.42, after edging 0.1 percent higher last week...
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and rising concerns about the mortgage market.
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U.S. stocks stumbled on Thursday after benchmark Treasury debt yields rose above 5 percent, taking a toll on rate-sensitive shares like utilities and home builders.
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NEW YORK Uncertainty over high oil prices and pharmaceutical companies kept stocks mixed Monday as investors migrated to less risky holdings, pushing blue chips and other large-caps higher while the Nasdaq fell.
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Wall Street stocks retreated on Wednesday after economic growth rose far less than expected at the end of last year, renewing fears the US economy is entering a recession.