Dow Languishes as Abysmal Housing Data Threatens Market Recovery

2019-4-23 21:45

By CCN: The Dow and broader U. S. stock market traded mixed on Monday, as disappointing housing data threw cold water on hopes that the real estate sector was finally turning a corner after last year’s slowdown.

Dow Struggles; S&P 500 Finishes Slightly Higher After losing as much as 101 points, the Dow Jones Industrial Average pared losses to settle down 48. 49 points, or 0. 2%, at 26,511. 05. The broad S&P 500 Index of large-cap stocks reversed losses to finish 0. 1% higher at 2,907. 97. Energy stocks surged more than 2% as oil prices extended their rally. Real estate, the S&P 500’s smallest

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