This morning the dow opens at Record numbers, with the exception of the Nasdaq which is still around off from its record, the Dow Jones Industrial Average, and the S & P 500 have proved to us that the market is up. Wall Street was encouraged Wednesday by bullish buys from major investors like Warren Buffett and George Soros as well as news from the housing sector.
The pace of home building showed an unexpected jump in April, but at the same time builders signaled their lack of faith in the market by cutting back on the number of permits for additional homes to a nearly 10-year low.
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