10 20 2014
  7:17 pm  
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Stocks Dip As Housing Expectations Weaken

LONDON (AP) -- European and U.S. stocks dipped Tuesday as weak American housing data dampened optimism from strong corporate earnings reports.
"The inventory of existing homes for sale remains high and the recession's impact on jobs and confidence along with tight lending conditions have all contributed to the weak fundamentals for housing," said Michael Carey, economist with Calyon in New York...


Read more: Stocks Dip As Housing Expectations Weaken

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