US house sales tumbled by 0.9% in February

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Source: Forexpros
Existing house sales in the US decreased more than initially expected last month, reported the National Association of Realtors. The sales of existing homes slid by 0.9%, attaining 4.59 million units on a seasonally adjusted basis in February. Experts predicted the figure to fall to 4.61 million units. However, considering annual changes, the home sales advanced by 8.8% in February.

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Thu, 22 Mar 2012 09:34:42 GMT

Crude oil eases down on concerns over reserves release

Crude oil futures edged down during the Asian session on Thursday amid reports coming from France that indicated possible oil reserves release in industrialized countries to curb inflation. Light, sweet crude oil futures for May delivery traded at 107.00 US Dollars per barrel on the New York Mercantile Exchange, falling by 0.26%.

Thu, 22 Mar 2012 09:04:58 GMT

US shares end mixed on Wednesday

US stocks closed mixed on Wednesday trade as home sales dropped and Ben Bernake warned the crisis has not finished yet in Europe. Dow Jones Industrial Average lost 0.35% or 45.57 points to 13,124.62, S&P 500 index slipped 0.19% or 2.63% points and closed at 1,402.89 while Nasdaq Composite index edged slightly higher, adding 0.04% or 1.17 points to 3,075.32.

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