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The markets. Rally in the homebuilders surging on bullish housing news. Julys new home sales hitting a nineyear high and a blowout quarter, so, is now your best opportunity to move into the housing trade . I think theres more to do here. You think about where Interest Rates are and theres a nice lead time. The implications for the homebuilders, but also home improvements. I think you can look across the spectrum. Bottom line is you saw housing start last week. Were still well below bubble territory. You saw sales today, were back to 2000 bubble down south. That part of o the market is really starting to open up and it speaks well for the economy. So im encouraged. I like gordon. Ipg youve got an opportunity in some of the again, in the Sherwin Williams and rest hard wears. I like the housing starts. We talk specifically about moving out of the cities and finding traction an ....
Vote. Reports suggest cyber monday in the u. S. , sales hit a new record, clipping 2 billion for the first time. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello. Welcome to todays program. Were just over an hour into the trading session here in europe. We are down once again. Decliners being outpaced by advancers by a ratio of around about 7 to the on the Dow Jones Stoxx 600. The if it is ft. Yesterday was down from 55 points. You can see at the moment, down 0. 3 . Take a look at where we stand on some of the individual sectors, as well. No sectors at the moment in positive territory. Basic resources once again. Its been a year of underperformance for the resource sector. Spot gold, bouncing off after hitting near those fivemonth lows at 1222. Copper is a little lower. The spread between west texas and brent now getting eve ....
Banning mr. Sterling for life for Many Association with the Clippers Organization for the nba. He is banned for life. This comes after those racist comments he allegedly made in a phone conversation. Were getting reaction from a former New York Knicks are start. From the conference in los angeles come we will be joined by the former italian Prime Minister. All that is coming up in todays edition. The stocks were watching as we head into the close, julie hyman is keeping an eye on them for us. Christ lets take a look at technology. That is the leading group today. Yahoo is among the best performance in tech today. The companys socalled some of the evaluation, that is, if you a look at ali baba stake and yahoo japan, it is worth more than where it is trainin ....