Nasdaq Gains 50 Points; US New Home Sales Rise In February
1. U.S. stocks traded mixed, S&P 500 rose 0.06% to 5,770.81. 2. New single-family home sales increased by 1.8% to an annual rate of 676,000. 3. S&P CoreLogic home price index grew 4.7% year-over-year in January. 4. Communication services sector led gains with a 1.3% rise. 5. Utilities sector declined, falling 1.6% on the same day.