Contact Us
Make My Homepage

US Futures Edge Up Ahead of Latest Housing Data

 Traders work on the floor of the New York Stock Exchange
(Photo by Allison Joyce/Getty Images)

NEW YORK (AP) – Futures are edging higher ahead of a pair of reports that are expected to provide more hope for the beleaguered U.S. housing industry.

Dow Jones industrial futures are up 23 points to 13,522. The broader S&P futures have added 1.9 points to 1,454.80. Nasdaq futures are up 5.25 points to 2,855.25.

Economists expect the Commerce Department to report that builders started construction on more homes and apartments in August, providing yet more evidence of a sustained recovery. And later Wednesday, the National Association of Realtors reports on existing home sales. Economists are looking for more promising news there as well.

Builders pulled back on new homes in July, but that was overlooked because of the surprisingly large number of building permits sought, the most since August 2008.

More Business News

Copyright 2012 by The Associated Press. All rights reserved. Material may not be redistributed.

Best of KSOO

Recommended for You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KSOO VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KSOO VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.