US Stocks Edge Higher; Consumer Sentiment Falls In May
1. U.S. stocks slightly higher; S&P 500 up 0.14%. 2. Consumer sentiment dips to 50.8, below estimates. 3. Energy stocks fell by 0.8%, while communications rose by 0.7%. 4. Building permits drop 4.7%, lowest level in 11 months. 5. Housing starts increased by 1.6% in April.