Monexnews-the U.S. stock market rose, sending the Dow Jones Industrial Average get the highest level in five years, after the housing data, the results are better than analysts estimates so as to support the economic recovery and European stock exchanges rebounded amid rising bonds Italy. " The housing market showed the delta positive to the economy in the quarter and the year, "said David Katz, Chief Analyst at Matrix Asset Advisors Inc. in New York in a telephone interview." The rally was spurred by improving sentiment from Europe who is paired with positive data United States.
Equity markets jumped over a contract to buy a House which previously owned in the u.s. climbed more than forecast in January, indicating that the industry will remain strong this year. The number of U.S. durable goods orders which do not include transportation equipment leapt in January to the highest level this year, showed business investment began to recover.
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