Tuesday’s Midday Movers: 3 Stories Driving Markets

  Google+  Twitter | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Midday Recap Main Image

The major U.S. stocks were dropping again Tuesday. As of noon:

DIJA: -0.59% to 15519.26 S&P 500: -0.56% to 1697.65 NASDAQ: -0.69% to 3667.59
Gold: -4.94% to 67.75 Oil: -1.04% 24.769 U.S. 10-Year: +0.57% to 26.55

Here are three stories helping shape the market Tuesday afternoon.

1. Is the Real Estate Market Still Posting Record-Breaking Price Gains? With the help of historically low mortgage rates and inventory levels, the real estate market continues to post impressive price gains.

In June, home prices across the nation increased on a year-over-year basis for the 16th consecutive month. According to CoreLogic, a leading property information and analytics provider, home prices jumped 11.9 percent in June from a year earlier. Compared to May, CoreLogic’s home price index gained 1.9 percent last month, and the firm predicts home prices will log another double-digit increase in July… (Read more.)

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business