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Author: Elena Todorova
123jump.com
Last Update: 1:02 PM EST December 29 2005
Thursday morning stocks were flat, trading in a narrow range as investors largely ignored economic data. Initial jobless claims in the week ended Dec 24 rose to 322,000 from 319,000 last week, vs. estimates of a rise of 325,000. In another report, the National Associations of Realtors said that existing home sales fell to a seasonally adjusted annual rate of 6.97 million units in Nov from a 7.09 million unit rate in Oct, slightly below estimates. |
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