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AFP
Friday, 25 August 2006
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AFP - New US home sales tumbled 4.3 percent in July from June, according to the latest data to cast a shadow over growth and consumer spending in the world's largest economy.
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FT.com
Friday, 25 August 2006
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FT.com - Wall Street closed barely higher on Thursday after mixed trading for much of the day, as investors digested data on home sales and durable goods orders that gave further indications of a slowing economy. |
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FT.com
Friday, 25 August 2006
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FT.com - Wall Street traded mixed on Thursday, as investors digested data on home sales and durable goods orders that gave further indications of a slowing economy. |
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BusinessWeek Online
Thursday, 24 August 2006
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BusinessWeek Online - Prospects for the U.S. housing market took a turn for the worse on Aug. 23, with the release of a government report that showed existing home sales had tumbled 4.1% in July to a 6.33 million unit annual pace. That is from a revised 6.6 million rate in June (from 6.62 million previously). The July figures represent the fourth straight monthly decline and leave home sales more than 11% lower than the year-ago figure. |
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Reuters
Thursday, 24 August 2006
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Reuters - U.S. stock futures edged higher on
Thursday after acquisition news from drug store chain Rite Aid
Corp. , but investors braced for data on durable goods
orders and homes sales.
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Investor's Business Daily
Thursday, 24 August 2006
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Investor's Business Daily - In the latest round of bad news for the housing market, July existing-home sales fell for a fourth straight month as unsold homes hit their highest level in a decade. |
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Investor's Business Daily
Thursday, 24 August 2006
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Investor's Business Daily - Wednesday brought more bad news for the real estate market with the report that existing-home sales dropped sharply in July. |
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AFP
Thursday, 24 August 2006
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AFP - The euro fell against the dollar, unable to benefit from news that US home sales slumped in July that reinforced signs of a slowdown in the world's biggest economy.
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AFP
Thursday, 24 August 2006
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AFP - Sales of US homes plunged in July to their lowest point since January 2004, according to data that reinforced signs that the long-booming property market is hitting the brakes hard.
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Reuters
Thursday, 24 August 2006
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Reuters - U.S. stocks fell on Wednesday after a
report showed existing home sales declined to the lowest level
in more than two years, stoking fears that consumer spending
will slow and hurt economic growth.
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AP
Thursday, 24 August 2006
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AP - An unconventional reaction to weak home sales data Wednesday saw an initial sell-off in government bonds, though they recovered later in the session to remain unchanged on the day. |
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