U.S. stock futures rise with more positive housing news

U.S. stock futures rise with more positive housing news

THE ASSOCIATED PRESS
Published Sep 19, 2012 07:20AM MDT
New York • Futures edged higher Wednesday with new data providing hope to beleaguered homeowners and the housing industry as well. Construction of new homes and apartments rose 2.3 percent in August to a seasonally adjusted annual rate of 750,000, the Commerce Department reported, driven by the fastest pace of single-family home construction in more than two years. Dow Jones industrial futures rose 19 points to 13,518. The broader S&P futures added 1.9 points to 1,454.80. Nasdaq futures tacked o...
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