(Reuters) - NEW YORK, May 15 - U.S. stocks advanced on Tuesday, pushing the Dow to a record high, as data pointing to stabilizing inflation lifted hopes about an interest rate cut.
Indexes pared some gains and the Nasdaq briefly traded lower after the National Association of Home Builders said U.S. home builder confidence matched a 15-year low in May. For details, see [ID:nN15421900]
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment