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04/25/10
Home-sales report buoys stocks
Filed under: General, Real Estate
Posted by: Lillian Wong @ 4:37 pm

NEW YORK - Stocks rose Friday after a strong report on new-home sales offset mixed news from corporate earnings reports. The market was held in check for much of the day after Greece decided to tap a bailout program.

The Dow Jones industrial average closed higher for the 11th time in the past 12 trading days. Friday’s gains wrapped up the index’s eighth consecutive weekly gain - the longest winning streak for the Dow since a two-month stretch ended in January 2004.  more…


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