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Activision, United rally on S&P 500 inclusion
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Wall Street’s missing a closed-end bargain

The happiest — and most miserable — countries on earth
This is the happiest country on earth


What should China do to fix its economy?
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
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Apple closes in on Fitbit in wearables

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How momentum investing could go out of style
Momentum investing could be going out of style

These are the best jobs for millennials
These are the best jobs for millennials


Wal-Mart explains decision to stop selling some guns

One billion people logged onto Facebook Monday in new company milestone
1 billion people used Facebook in one day


Poll shows Biden running stronger than Clinton
Republican wants more than the sequester

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10 fall beers with absolutely no pumpkin in them
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Markets »

171.98MDow Volume:
Avg Vol: 111.57M
Unchanged
150
Decliners
1105
Advancers
5358
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
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Dow
/quotes/zigman/627449/realtime 16,655 +369 2.27%
Nasdaq
/quotes/zigman/12633936/realtime 4,813 +115 2.45%
S&P 500
/quotes/zigman/3870025/realtime 1,988 +47 2.43%
GlobalDow
/quotes/zigman/629063/realtime 2,375 +14 0.59%
Gold
/quotes/zigman/662444/delayed 1,130 +8 0.67%
Oil
/quotes/zigman/2331095/delayed 42.96 +0.40 0.94%
FTSE 100
/quotes/zigman/3173262/delayed 6,192 +213 3.56%
DAX
/quotes/zigman/2380246/delayed 10,316 +318 3.18%
CAC 40
/quotes/zigman/3173214/delayed 4,658 +157 3.49%
FTSE MIB
/quotes/zigman/1482176/delayed 22,201 +727 3.39%
IBEX 35
/quotes/zigman/2759620/delayed 10,290 +306 3.06%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +12 3.46%
Asia Dow
/quotes/zigman/6959860/realtime 2,807 +54 1.97%
Nikkei 225
/quotes/zigman/5986735/delayed 19,081 +507 2.73%
Hang Seng
/quotes/zigman/2622475/delayed 21,949 +110 0.50%
Shanghai
/quotes/zigman/1859015/delayed 3,143 +59 1.93%
Sensex
/quotes/zigman/1652085/delayed 26,545 +314 1.20%
Singapore
/quotes/zigman/1709939/delayed 2,991 +45 1.53%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.17%
Yen
/quotes/zigman/16008150/realtime/sampled 120.94 -0.09 0.08%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.23%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 0.00 0.04%
DXY Index
/quotes/zigman/1652083/delayed 95.63 -0.14 0.14%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.18 -0.08 0.09%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.01 0.36%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.04 5.49%
Italy 10yr
/quotes/zigman/15866497/realtime 1.93 -0.05 2.73%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 -0.03 1.54%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.87 +0.02 1.11%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 0.00 0.33%
Crude Oil
/quotes/zigman/2331095/delayed 43 +0 0.94%
Gold
/quotes/zigman/662444/delayed 1,130 +8 0.67%
Corn
/quotes/zigman/7599553/delayed 378 +3 0.67%
DJIA F
/quotes/zigman/38649152/delayed 16,574 -76 0.46%
S&P F
/quotes/zigman/30356461/delayed 1,979 -10 0.51%
Silver
/quotes/zigman/3134148/delayed 14 +0 0.16%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.73 2.54 2.91%
AAPL /quotes/zigman/68270/composite 112.92 3.23 2.94%
GOOG /quotes/zigman/30194416/composite 637.61 8.99 1.43%
BAC /quotes/zigman/190927/composite 16.44 0.38 2.37%
C /quotes/zigman/5065548/composite 53.44 1.16 2.22%
F /quotes/zigman/264304/composite 13.56 0.35 2.65%
T /quotes/zigman/398198/composite 33.44 0.75 2.29%
BP /quotes/zigman/247026/composite 33.03 1.93 6.21%
GE /quotes/zigman/227468/composite 25.01 1.00 4.16%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Are Home Improvers Preparing to Sell?

Lowe’s strong fourth-quarter results gives experts more reason to believe that the housing market will show some bounce in the spring.

The world’s second-largest home improvement store’s results this morning were better than most analysts’ expectations and come on the back of Home Depot’s $16 billion-strong fourth-quarter sales, which were reported last week. Lowe’s announced a 13% spike in sales to $11.63 billion helped by an unusually mild winter and better cost control. Although Lowe’s is playing catch-up on Home Depot, same-store sales rose 3.4%, a significant improvement on the third quarter’s 0.7% rise. A spokeswoman for Lowe’s says there was particular strength in weather-related items like fencing, builders hardware and outdoor lighting.

The double-digit sales increase in Lowe’s other perennials like kitchen and bathroom cabinets, and new flooring shows that homeowners are feeling more confident about the housing market and may be eying the spring as a time to fluff-and-sell, analysts say. “Housing and mortgage rates are at all-time affordable levels,” says Susan M. Wachter, professor of real estate and finance at Wharton University of Pennsylvania. She says confidence is finally returning to the housing market: “We can watch for this in spring 2012.”

Experts say there are other signs that home sales may recover. “The pricing of mortgage-backed securities is picking up, a reflection of a fundamental strengthening in the housing market,” Wachter says. The recent growth in employment will also help reduce foreclosures and prevent a glut of cheap houses on the market, she says: “These are signs that the confidence crisis hindering potential home buyers can turn around in the coming months.”

Plus, existing home sales figures for January released last week reached a two-year high, according to the National Association of Realtors. They jumped 4.3% in January from a month earlier to a seasonally adjusted annual rate of 4.57 million. Lawrence Yun, NAR chief economist, sees this as evidence that the market may be bottoming out after the 2008 housing market collapse.

That said, not everyone who buys new kitchens and bathrooms are intending to sell right away, experts say. David Abuaf, chief investment officer at Hefty Wealth Partners in Auburn, Ind., says people splurging on their homes may be planning to stay – not leave. But he says it’s a longer term sign of economic recovery. “These numbers indicate that consumers are more confident and spending more,” he says. “Homes will start coming to market in the next few quarters to test what the market is willing to pay. It’s more important as a larger bellwether to the US economy than just real-estate.”

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 5)

View all Comments »
    • Scott,Thanks for the heads up. The other issue with sharebuilder is that it would still chagre you $4/trade..What I would really want to see is a stock broker that lets you open a retirement account without charging you any annual fees or stock commissions.

    • As houses get older they need more maintenance.

      We usually moved every 8 years or so to a new house to avoid repairs and renovating. This time. we are staying put and spent 30k in the last year on our 10 year old home.

      Over then next 5 years I plan to spend another 50k. When I am done, I will be lucky if my house is worth 10% more than what I paid for it, but I will be comfortable and my house will be easier to sell than any of the 1990′s time capsules owned by people who never put a dime into their home.

    • In the Baltimore (County and City), Maryland area we are experiencing low inventory in popular locations. I agree that there is still an excess amount of housing but Unrealistic Expectations of pricing which is the largest factor in the quantity of homes on the market. Not only is Baltimore seeing low inventory but multiple offer sales. There are promising signs of economic improvement that are taking place but we are still a ways off.

    • There is already a surplus of homes for sale, which is the problem. How is an increase in homes being put up for sale, at a time when there are no buyers, going to help the economy? More realistically, these people are being forced to maintain the homes that they are stuck with, as opposed to in the past, when they would just have moved without fixing anything. Another possibility is a large number of homes being fixed up by investors in hopes of renting out the properties. But because of the excess even in rental properties, this speculation will only lead to another housing bubble in a year or two once these investors are unable to keep up with payments on their empty properties because there are no renters.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

Tokyo Markets Close in:

need to know
Activision, United rally on S&P 500 inclusion
Amgen gets FDA OK for cholesterol treatment
Icahn discloses stake in Freeport McMoRan
Autodesk beats earnings expectations
GameStop tops expectations; shares rise
Bank of New York Mellon tech woes hit prices
Wall Street’s missing a closed-end bargain

The happiest — and most miserable — countries on earth
This is the happiest country on earth


What should China do to fix its economy?
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
‘Loch Ness monster’ and a mysterious rally
China fears trigger emerging market outflows

Apple closes in on Fitbit as world's biggest wearables company
Apple closes in on Fitbit in wearables

Apple to host Sept. 9 product event

How momentum investing could go out of style
Momentum investing could be going out of style

These are the best jobs for millennials
These are the best jobs for millennials


Wal-Mart explains decision to stop selling some guns

One billion people logged onto Facebook Monday in new company milestone
1 billion people used Facebook in one day


Poll shows Biden running stronger than Clinton
Republican wants more than the sequester

Donald Trump says he’s OK with raising taxes on himself
Trump: I’m OK with raising taxes on myself

Bezos is clear about what Amazon’s culture is

10 fall beers with absolutely no pumpkin in them
10 fall beers with absolutely no pumpkin in them

Sorry, Uber, but this is the end of the IPO party

Star-studded content up Netflix’s sleeve
'Mr. Robot' season finale postponed

Jim Rogers: Don’t rule out a commodity bull run
Commodities are ripe for a rebound

How the media just can’t spot economic crisis

6 ‘services’ that help hackers get rich

4 things you didn’t know could be hacked
How vulnerable are U.S. markets to hackers?


How to throw a  birthday party for under $100
Only half of Americans with kids have wills

Millennials are clueless about cellphone etiquette
Millennials realize growing up is hard to do

/conga/frontpage.html 353513

Markets »

171.98MDow Volume:
Avg Vol: 111.57M
Unchanged
150
Decliners
1105
Advancers
5358
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,655 +369 2.27%
Nasdaq
/quotes/zigman/12633936/realtime 4,813 +115 2.45%
S&P 500
/quotes/zigman/3870025/realtime 1,988 +47 2.43%
GlobalDow
/quotes/zigman/629063/realtime 2,375 +14 0.59%
Gold
/quotes/zigman/662444/delayed 1,130 +8 0.67%
Oil
/quotes/zigman/2331095/delayed 42.96 +0.40 0.94%
FTSE 100
/quotes/zigman/3173262/delayed 6,192 +213 3.56%
DAX
/quotes/zigman/2380246/delayed 10,316 +318 3.18%
CAC 40
/quotes/zigman/3173214/delayed 4,658 +157 3.49%
FTSE MIB
/quotes/zigman/1482176/delayed 22,201 +727 3.39%
IBEX 35
/quotes/zigman/2759620/delayed 10,290 +306 3.06%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +12 3.46%
Asia Dow
/quotes/zigman/6959860/realtime 2,806 +54 1.96%
Nikkei 225
/quotes/zigman/5986735/delayed 19,081 +506 2.72%
Hang Seng
/quotes/zigman/2622475/delayed 21,949 +110 0.50%
Shanghai
/quotes/zigman/1859015/delayed 3,143 +59 1.93%
Sensex
/quotes/zigman/1652085/delayed 26,545 +314 1.20%
Singapore
/quotes/zigman/1709939/delayed 2,991 +45 1.54%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.16%
Yen
/quotes/zigman/16008150/realtime/sampled 120.94 -0.09 0.08%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.22%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 0.00 0.06%
DXY Index
/quotes/zigman/1652083/delayed 95.63 -0.13 0.14%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.18 -0.08 0.09%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.01 0.36%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.04 5.49%
Italy 10yr
/quotes/zigman/15866497/realtime 1.93 -0.05 2.73%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 -0.03 1.54%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.87 +0.02 1.11%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 0.00 0.33%
Crude Oil
/quotes/zigman/2331095/delayed 43 +0 0.94%
Gold
/quotes/zigman/662444/delayed 1,130 +8 0.67%
Corn
/quotes/zigman/7599553/delayed 378 +3 0.67%
DJIA F
/quotes/zigman/38649152/delayed 16,574 -76 0.46%
S&P F
/quotes/zigman/30356461/delayed 1,979 -10 0.51%
Silver
/quotes/zigman/3134148/delayed 14 +0 0.16%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.73 2.54 2.91%
AAPL /quotes/zigman/68270/composite 112.92 3.23 2.94%
GOOG /quotes/zigman/30194416/composite 637.61 8.99 1.43%
BAC /quotes/zigman/190927/composite 16.44 0.38 2.37%
C /quotes/zigman/5065548/composite 53.44 1.16 2.22%
F /quotes/zigman/264304/composite 13.56 0.35 2.65%
T /quotes/zigman/398198/composite 33.44 0.75 2.29%
BP /quotes/zigman/247026/composite 33.03 1.93 6.21%
GE /quotes/zigman/227468/composite 25.01 1.00 4.16%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/8669138/composite DWTI-28.79%
  • /quotes/zigman/233369/composite MCD+2.29%
  • /quotes/zigman/55989606/composite ACI+38.11%
  • /quotes/zigman/19622165/composite BBRY+5.89%
  • /quotes/zigman/19815/composite AMGN+1.13%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

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