Wall Street; Stocks Move Higher in Cautious Trading
Telegraph - Herald (Dubuque) › June 21, 2006
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Summary
NEW YORK (AP) - Wall Street pared an earlier advance to end mixed Tuesday as investors' persistent concerns about interest rates and the economy countered relief over an upbeat homebuilding report.
A sharply stronger-than-expected jump in new home construction fed optimism that the overall economy remains sturdy in the face of higher lending rates and gasoline prices. However, disappointing forecasts for June business sent homebuilders' shares sliding.See the full content of this document
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Wall Street; Stocks Move Higher in Cautious Trading
Upbeat sales from C...
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