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[BRIEFING.COM] Key indices continue to hover near their lows with the S&P 500 down 1.1%.

New home sales in April hit an annualized rate of 454,000, which was up from the March rate of 444,000, and better than the rate of 425,000 that had been broadly expected by the Briefing.com consensus.

The SPDR S&P Homebuilders ETF (XHB 31.35, -0.27) jumped to fresh highs in reaction to the data. Nasdaq -35.19 at 3428.11... NYSE Adv/Dec 362/2486... Nasdaq ... More


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