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| Market rally comes as oil prices fall, pending home sales rise |
| Author: |
Eric Martin |
| Source: |
Bloomberg News |
| More Americans signed contracts to buy previously owned homes in February, easing concern the housing market will worsen. Economics surveyed by Bloomberg expected a .5 % drop in signed purchase agreements. Warmer weather spurred a 4.9 % increase in US retail sales last week as consumers bought clothing and foods for Easter and Passover, according to the International Council of Shopping Centers and UBS AG. |
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