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IBTimesTV
S&P Hits Five-Year High After Housing Starts Surge in December
VIDEO DESCRIPTION:
U.S. Stocks hit a five-year high today after better-than-expected results from eBay and data that showed unemployment benefits
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dropped to a five-year low. Other positive data showed that housing starts climb to its highest rate since June 2008, but factory activity in the mid-Atlantic region unexpectedly contracted in January. Michael Guli from Knight Capital will weigh in on the recent positive housing news and what the slowdown in factory activity will mean for the economy. The Labor Depart
Posted: 01/17/2013
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Views: 59
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Duration: 03:20
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