Monday, May 24, 2010

April U.S. Existing Home Sales Rose More Than Forecast:

May 24 (Bloomberg) -- Sales of U.S. previously owned homes increased 7.6 percent to a 5.77 million annual rate in April, the highest level in five months, figures from the National Association of Realtors showed today in Washington. Bloomberg's Mike McKee reports. (Source: Bloomberg)


U.S. Stocks Drop as Dow Erases May 21 Rally on Europe

May 24 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks sank, dragging the Dow Jones Industrial Average to its lowest level in three months, as the seizure of a Spanish bank and increase in bank borrowing costs spurred concern Europes debt crisis has further to go. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

Investors Pour Cash Into Gold, Treasuries

May 24, 2010 — FBN's Ashley Webster weighs in on market safe-havens.

DAILY NEWS ON BOOZE