Stocks turned higher Friday after an unexpected jump in existing homes sales in February added to optimism that the housing sector may not be as weak as feared. Existing home sales rose by the biggest amount in nearly three years. The 3.9% increase was the largest since a similar jump in March 2004. Blackstone Group has file to bring part of the firm public in an offering worth up to $4 billion. The filing allows public access to once private numbers, including the $2.27 B of last-year income. |
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