Wednesday, August 01, 2007

Markets Advance As Pending Home Sales Rise

The markets advanced during the midday as pending home sales rose in June. The Dow gained 66 points to 13,278 while Nasdaq climbed 7 points to 2553. S&P 500 added 6 points to 1462. The 30-year bond edged up as the yield eased to 4.917%.

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