Wednesday, March 4, 2009

Post No 2:"For Sale"


23 months ago: A real estate "For Sale" sign hangs on the front of new townhomes in this 14 March 2007 file photo in Centerville, Virginia.Wall Street shares raced higher Tuesday after crude oil prices dipped on signals that tensions appeared to ease between Iran and Britain over the Islamic republic's holding of 15 British sailors.The Dow Jones Industrial Average advanced 111.18 points (0.90 percent) to 12,493.48 and the Nasdaq composite leapt 28.58 points (1.18 percent) to 2,450.84 at 1520 GMT.The rally gathered momentum after the National Association of Realtors said its pending home sales index rose 0.7 percent in February, a sign that the real estate slump may be easing. "The stock market appears to be resilient, having handled the Middle East flare up in pretty good shape," noted Fred Dickson, market strategist at DA Davidson

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