Housing lifts Wall Street; Norfolk Southern, Adobe fall
NEW YORK (Reuters) – U. S. stocks rose on Wednesday as investors dipped back into the market after the recent pullback from a rally that lifted the S&P 500 to just shy of five-year highs. Housing stocks ranked among the day’s leaders following stronger-than-expected data on home sales. The PHLX housing sector index jumped 2. 2 percent, led by a 4. 3 percent advance in PulteGroup , the second-largest U. S. home builder, to $16. 43. U. S. home resales jumped 7. 8 percent in August, the fastest in more than two years. . . .
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