Tag: home construction
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Stocks, S&P 500 rising after bond increases
As the effects of the coronavirus pandemic decrease, the stock market is rebounding. Friday ended a good week as the S&P 500 went up 0.2% and the Dow Jones Industrial Average up 3% as of 2:02 p.m. Eastern. The Associated Press has the story: Tick up in bond yields helps lift bank stocks Major indexes…
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Home construction increasing at fastest rate since 2006
As the economy turns around due to COVID-19 receding, there are some phenomenal leaps and bounds taking place. The construction of new homes and apartments increased 19.4% in March over February growth. The Associated Press has the story: Housing construction rebounds in March to 2006 levels WASHINGTON (AP) — U.S. housing construction rebounded strongly in…