The Dow Jones Industrial Average closed at its highest point since 2007, thanks to rallying stocks. A jump in housing starts and drop in jobless claims triggered both a rise in commodities and optimism in the U.S. economy.
Following yesterday’s advance, U.S. stocks were little changed, and a rally in Apple Inc. tempered economic concern after the World Bank downgraded global growth forecasts.
A rally in retail and transportation stocks overshadowed worries about the debt ceiling and caused U.S. stocks to rise.
U.S. stocks were little changed, after a two-week gain in the Standard & Poor’s 500 Index.
Ford is adding 2,200 U.S. salaried jobs this year — the most white-collar hiring the automaker has done in more than 10 years.
There are a few public companies that are driving the student housing market to accommodate the more than 3 million college students who are expected to enroll each at least through 2019.