The National Association of Realtors reported that existing home sales rose 0.4% in November 2007 to an annual rate of 5.00 million units. Details from Bloomberg...
The Dow Jones Industrial Average fell 101 points (0.8%) to close at 13,265, the S&P 500 Index lost 10 points (0.7%) to 1,468, and the Nasdaq Composite declined 22 points (0.8%) to 2,652. Crude oil fell $0.02 to $95.98 per barrel, and gold ended up $3.60 at $843.20 per ounce. For the year, including dividends, the DJIA gained 8.9%, the S&P 500 Index rose 5.5%, and the Nasdaq Composite increased 10.7%.
