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Updated: 14 min 50 sec ago
Shares of some top computer companies are mixed at 10 a.m.: Apple Inc s rose $1.09 or .9 percent, to $118.69.
Shares of some top medical devices companies are mixed at 10 a.m.: Allergan rose $1.61 or .8 percent, to $213.71.
Sales of new single family-homes rose for the third-straight month but a downward revision to the prior month's sales pace indicated the recovery would remain gradual.
Contracts to buy previously-owned homes unexpectedly fell, dropping to the lowest level in four months and casting a shadow over the housing market's recovery.
A gauge of pending home sales fell 1.1% in October, signaling that upcoming deals could slow down, the National Association of Realtors reported Wednesday.
The final reading for the University of Michigan and Thomson Reuters consumer sentiment index for November was downwardly revised, to 88.8 from 89.4.
The benchmark 30-year fixed-rate mortgage fell to 3.97% in the week ending Nov. 26, down from 3.99%, mortgage buyer Freddie Mac said Wednesday.
Sales of new single-family homes ticked up 0.7% in October to a seasonally adjusted annual rate of 458,000, the fastest pace in five months, the government reported Wednesday.
A closely-watched gauge of consumer sentiment dipped in late November from a prior reading, coming in short of expectations for an increase.
The Chicago PMI dropped in November to a reading of 60.8 from 66.2 in October, MNI Indicators reported Wednesday.
The Institute for Supply Management-Chicago’s gauge of manufacturing activity in the U.S. Midwest fell to 60.8 in November from 66.2 the month prior. Economists expected a shallower drop to 63. Readings above 50 point to expansion, while those below indicate contraction.
Shares of some top drugstore companies are up at 10 a.m.: CVSCaremark rose $.35 or .4 percent, to $90.64.
U.S. stocks opened little changed on Wednesday as investors assessed a deluge of economic data.
Amazon cut the price for its Fire smartphone just ahead of the Black Friday weekend as it seeks to sell a lot of slow-moving inventory.
Consumer spending rebounded in October, suggesting some resilience in the economy at the start of the fourth quarter.
Taser International's stock rallied 5.7% in premarket trade Wednesday, putting it on course to open at the highest level since January 2005, after the company announced follow-on orders for it body-worn video cameras.
Durable-goods orders rose last month on a surge in military spending, but underlying data pointed to broad weakness in business investment.
The number of Americans filing first-time claims for unemployment benefits unexpectedly rose last week to the highest level since September.
A funny thing happened on the way to the OPEC meeting.
The number of people applying for new unemployment benefits shot above 300,000 for the first time since early September, perhaps a sign the pace of hiring in the U.S. may have slowed a touch.