Wednesday, May 28, 2008

US Stocks higher after home sales data, lower oil

Wall Street advanced in uneven trading Tuesday after a drop in oil prices and an unexpected gain in new home sales encouraged investors to put money back into the market.

Dow 12,548.35 +68.72 +0.55%

Nasdaq 2,481.24 +36.57 +1.50%

S&P 500 1,385.35 +9.42 +0.68%

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