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Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising

Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising

LOS ANGELES (AP) — The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied U.S. homes fell 4.3% in March from the previous month to a seasonally adjusted annual rate of 4.19 million, the National Association of Realtors said Thursday. That’s the first monthly decline in sales since…

AP Decision Notes: What to expect in the Alaska and Wyoming Democratic presidential contests

AP Decision Notes: What to expect in the Alaska and Wyoming Democratic presidential contests

WASHINGTON (AP) — President Joe Biden will face Democratic voters this Saturday in a pair of nominating contests in Alaska and Wyoming that are unlikely to produce any surprises. In Wyoming, Democrats will award 13 delegates using a presidential preference vote held at caucuses in each of the state’s 23 counties. Seven names will appear on the ballot, but Biden is the only major candidate..

U.S. stocks soar above global markets, giving investors solid path for growth

U.S. stocks soar above global markets, giving investors solid path for growth

NEW YORK (AP) — U.S. markets are far outpacing their global counterparts in 2024, continuing a decade-long trend of strong growth compared with the rest of the world. The S&P 500 is up 10% for the year, compared to just 4% for developed markets outside the U.S. Since 2019 the S&P has gained 48%, compared to just 10% for other developed markets, according to the MSCI, a benchmark of global stocks…

Stock market today: Wall Street weakens as bond yields ease ahead of inflation report

Stock market today: Wall Street weakens as bond yields ease ahead of inflation report

NEW YORK (AP) — U.S. stock indexes are swinging from gains to losses on Tuesday, as traders make their final moves before several potentially market-moving reports later in the week. The S&P 500 was 0.3% lower in morning trading after erasing an early, modest gain. The Dow Jones Industrial Average was down 139 points, or 0.4%, as of 10:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower…

Trump’s campaign said it raised a record $50.5 million at a Florida fundraiser

Trump’s campaign said it raised a record $50.5 million at a Florida fundraiser

NEW YORK (AP) — Donald Trump’s campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. The reported haul from the event with major donors at the Palm Beach, Florida, home of billionaire investor John Paulson sets a new single-event fundraising…

Stock market today: Wall Street holds steadier after last week’s sharp swerves

Stock market today: Wall Street holds steadier after last week’s sharp swerves

NEW YORK (AP) — U.S. stocks are drifting in relatively quiet trading Monday after a roller-coaster end to last week left them a bit shy of their records. The S&P 500 was 0.1% lower in midday trading, coming off a stretch where a 1.2% drop immediately flipped to a 1.1% gain. The Dow Jones Industrial Average was down 23 points, or 0.1%, as of 12:15 p.m. Eastern time, and the Nasdaq composite was 0.1% lower…

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