US stocks opened higher this morning due to the weakening dollar, which bolstered natural resources ...
US stocks opened higher this morning due to the weakening dollar, which bolstered natural resources companies coupled with positive news from the housing sector, driving the Dow Jones up 23.21 points (0.27%) to 8635.34. The Commerce Department announced today new US housing starts surged last month from record lows, with a 17% increase to an annual rate of 532,000 in May. Aluminium production company Alcoa is up 2.14% to $11.45 having seen its share price plummet yesterday, while construction and mining equipment manufacturer Caterpillar has climbed 1.88% to $36.80. Meanwhile, pharmac...
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