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Stocks Fall as Traders Review Housing Data

FOX Business: Capitalism Lives HereU.S. equity markets failed to break out of negative territory on Wednesday as traders parsed through disappointing economic data and mixed corporate earnings. Today's MarketsThe Dow Jones Industrial Average closed 12.7 points lower, or 0.08%, at 16501, the S&P 500 dipped 4.2 points, or 0.22%, to 1875 and the Nasdaq Composite declined 34 points, or 0.83%, to 4127.The S&P 500 ended its winning streak at six days, leaving the broad-market barometer about 22 points away from its all-time intraday high.On the earnings front, Boeing (NYSE:BA) revealed quarterly results that flew past Wall Street's expectations, sending its shares higher. Defense contractor Northrop Grumman (NYSE:NOC) also rallied after the company overcame weaker revenue to log higher profits.  The Dow Jones U.S. Aerospace & Defense Index climbed 1.4%.Procter & Gamble (NYSE:PG), the blue-chip consumer products giant, posted better-than-expected quarterly profits, but sales that missed analy...

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  1. Housing Stocks Slide as Building Permits Disappoint

    Housing-related stocks are coming under pressure today after building permits, a reliable gauge of future housing activity, fell more than expected in December. Stil...

  2. Housing Permit Data Boost Construction-Related Stocks

    Much stronger-than-expected data on permits for new home construction rippled across companies that make items used to build houses.Better-than-expected data on home...

  3. Housing-Related Stocks Stumble on Grim Data

    This morning's disappointing pending home sales report is fueling worries that the housing market, one of the drivers of the economy since the recession, is losing s...

  4. Week Ahead: Finally, the Jobs Report

    The September jobs report is out Tuesday, delayed by more than two weeks due to the partial government shutdown. A slew of third-quarter earnings are also due next w...

  5. Home Construction Stocks Rally

    August was a good month for home sales as buyers rushed in before borrowing costs rose any higher.  Existing home sales jumped 1.7% to a seasonally adjusted annual r...

  6. Analysis: Thrifty truckers wary of pricey natural gas vehicles

    Truckers considering natural gas as an alternative to high-priced diesel say the cost of vehicles that run on the cheap and cleaner-burning fuel is still too high fo...

  7. Owens Corning Adjusted Profit Short of Estimates

    Earnings HQ: FBN’s Diane Macedo breaks down OC’s fourth-quarter earnings report.

  8. All Things D: Hacks Related to One Compromised Website

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  9. Stocks Cap Month in the Red

    FOX Business: Capitalism Lives HereWall Street closed its first trading day back following a two-day closure triggered by Hurricane Sandy lightly changed. However, t...

  10. Sandy spending hopes drive rally for recovery companies

    Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could...

  11. Sandy Sparks Rebuilding Rally

    While the East Coast attempts to clean up from Hurricane Sandy, the super storm is already proving to be a boon for the stock prices of companies that could benefit ...

  12. Back in Action: Early Gains Fade on Wall Street

    FOX Business: Capitalism Lives HereAfter initially starting off on a positive note, U.S. stocks dipped into the red Wednesday morning as Wall Street returns from its...

  1. Home Improvement Stocks Tumble

    Home construction-related stocks are falling hard after the surprise drop in new home sale for March. These are companies that make the "stuff" that goes into a new ...

  2. How to play inflation

    Hedgeye Risk Management CEO Keith McCullough gives his forecast for inflation.

  3. Tips for investing today

    Hedgeye Risk Management CEO Keith McCullough gives his outlook for the markets.

  4. Lowe's Leads Rally in Housing Stocks

    Stocks that benefit from an improving housing market are rallying. Lowe's (NYSE:LOW) is a big winner after reporting strong sales gains last quarter. But the gains e...

  5. Owens Corning Inspires Home Construction Rally

    Shares of Owens Corning (NYSE:OC) surged nearly 13% on Wednesday, their biggest gain since April 2009 at the start of the bull market.The construction supply company...

  6. Owens Corning Rallies on 4Q Beat, New Dividend

    Owens Corning (NYSE:OC) handily beat Wall Street expectations in the fourth quarter and declared its first dividend in 14 years, sending shares 13.2% higher on Wedne...

  7. Week Ahead: Yellen To Testify Before Congress

    The highlight of next week's economic calendar will almost certainly be Janet Yellen's testimony before Congress, her first as the newly-installed head of the Federa...

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