Jan 18, 2012

Marketplace Index for Wednesday, January 18, 2012

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Stocks got another push from a surprisingly strong report on the housing market today. The National Association of Home Builders index rose four points to 25, its highest level since June 2007. Any reading below 50 is still a negative outlook, but today's report marked four months of a consecutive increases. Some are asking if we've seen the bottom of the housing market.

Segments From this episode

Housing: Builders and buyers gaining confidence

Jan 18, 2012
New data from home builders indicate they're feeling more confident, and now that layoffs have slowed, buyers are feeling more secure, too. Still, there are bumps ahead for the housing industry.

FBI nabs 7 for insider trading

Jan 18, 2012
To date more than 60 people have been arrested for schemes and illegal trades as part of the Fed's so-called "Operation Perfect Hedge"

Stocks got another push from a surprisingly strong report on the housing market today. The National Association of Home Builders index rose four points to 25, its highest level since June 2007. Any reading below 50 is still a negative outlook, but today’s report marked four months of a consecutive increases. Some are asking if we’ve seen the bottom of the housing market.