Wednesday, December 21, 2011

Homebuilders push stocks up 3%, Dow above 12,000

Homebuilders push stocks up 3%, Dow above 12,000: Stocks jumped Tuesday with the Dow Jones Industrial Average back above 12,000, driven in part by news of an increase in housing starts.
The Dow increased 337.32 points, or 2.87%, to close at 12,103.58. Nasdaq and the S&P 500 rose 80.59 and 35.95 points, or 3.19% and 2.98%, respectively.
Homebuilder stocks showed significant gains, including PulteGroup (PHM: [...]

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