Existing-home sales fell 0.6% month-over-month in February to an annual rate of 5.02 million units, better than the 1.1% decline to 5.0 million units forecast by economists, and January’s data was unrevised.
The Dow Jones Industrial Average jumped 103 points (1.0%) to close at 10,889, the S&P 500 Index gained 8 points (0.7%) to 1,174, and the Nasdaq Composite was 20 points (0.8%) higher at 2,415. Crude oil was $0.31 higher at $81.91 per barrel, and the Bloomberg gold spot price rose $3.05 to $1,105.30 per ounce.
Magnificent Seven Update
Daily Update Of Open Positions...Stocks & ETFs
