It was a choppy day of trading on Wall Street as the markets managed to stay in positive territory with the help of some encouraging housing data.
The National Association of Realtors is reporting a better-than-expected home sales report, with a 7.8 increase in sales in August to a annual rate of 4.82 million units, marking the highest level since May 2010.
The Commerce Department is reporting a 2.3 percent rise in US housing starts to a seasonally adjusted annual rate of 750,000 units in August, though these results fell short of economists' expectations.
Meanwhile, the Mortgage Bankers Association is reporting a 0.2 percent decline in weekly mortgage applications last week, while refinancing activity edged up by 0.8 percent.
On the earnings front, General Mills (NYSE:GIS) beat earnings expectations and reiterated its full year guidance. Autozone (NYSE:AZO) reported better than expected earnings for its fourth quarter, though missed revenue estimates.
Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings results from CarMax (NYSE:KMX) and Rite Aid (NYSE:RAD).
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