U.S. homebuilder confidence fell for second month in a row in March

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Source: RTT News

U.S. homebuilder confidence dropped surprisingly in the month of March, when the homebuilder confidence fell for second successive month, data released by the National Association of Home Builders showed on Monday. The data showed the NAHB/Wels Fargo Housing Market Index decreased from 46 in February to 44 recorded in the following month, while it was forecast to rise to 47.


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Tue, 19 Mar 2013 07:27:13 GMT

U.S. shares down on Monday amid tax levy for Cyprus

U.S. equities declined on Monday on a tax levy imposed by the Eurozone's policy makers on customer deposits held in Cypriot banks. The decision raised concerns over the area's debt crisis sharpening once again. The S&P 500 retreated 0.6% to 1,552.10. All but one sectors in the index inched lower. Helmerich & Payne Inc. posted biggest decrease in the gauge,

Mon, 18 Mar 2013 16:49:06 GMT

U.K. equities down on concerns about European economic outlook

U.K. shares decreased on fears that Cyprus financial problems can reignite the Eurozone's debt crisis. The FTSE 100 lost 0.46%, or 33.51 points, to 6,459.67. Seven out of ten sectors included in the index posted losses. Meanwhile, telecommunications sector gained 0.98%, while consumer services group was 0.1% up. Marks & Spencer Group Plc surged 7.4% to 400 pence, as Qatar

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